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Find the Amount That Results from the Investment $1,000\$ 1,000 Invested At

Question 262

Multiple Choice

Find the amount that results from the investment.
- $1,000\$ 1,000 invested at 6%6 \% compounded annually after a period of 8 years


A) $1,503.63\$ 1,503.63
B) $593.85\$ 593.85
C) $1,689.48\$ 1,689.48
D) $1,593.85\$ 1,593.85

Correct Answer:

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