Solved

Ellen Deposits $6,773 into an Account Earning 1% Annually

Question 44

Multiple Choice

Ellen deposits $6,773 into an account earning 1% annually. After seven years what will Ellen's balance have grown to, including interest?

A) $7,516.68
B) $7,516.88
C) $7,261.33
D) $6,836.78
E) None of these

Related Questions

Q39: Match the following terms with their definitions. -Rate A)Year

Q40: Marcia Gadzera wants to retire in San

Q41: The number of periods for a table

Q42: Complete without using table: <span

Q43: Using the table in handbook, the value

Q45: John Riviera deposits $14,000 in National Bank

Q46: Use the present value table to

Q47: Compound value = $ amount divided by

Q48: Jim Ring wants to attend Northeast College.

Q49: Match the following terms with their definitions. -Quarterly A)Year