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    Business
  3. Study Set
    Contemporary Accounting
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    Exam 18: Capital Investment Decisions
  5. Question
    If You Placed $1000 in a Savings Account Today, How
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If You Placed $1000 in a Savings Account Today, How

Question 20

Question 20

Multiple Choice

If you placed $1000 in a savings account today, how much would you have one year from now if the bank paid 8% interest?


A) $1800
B) $1080
C) $1008
D) $1000

Correct Answer:

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