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Solve the Problem. -In 1985, John Invested $26,000 in the Stock Market. by the Stock

Question 89

Multiple Choice

Solve the problem.

-In 1985, John invested $26,000 in the stock market. By 1992 his investment had grown to $27,600. If the market continues to grow at the same rate, how much will be in his account in 1997? Give your Answer to the nearest dollar.


A) $28,743
B) $27,144
C) $27,601
D) $29,200

Correct Answer:

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