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Chris Mann Will Deposit $22,400 into an Account Today That

Question 99

Multiple Choice

Chris Mann will deposit $22,400 into an account today that earns 10% per year compounded annually.Using the following factors, what is the amount that will be in the account at the end of the 5 years?


A) Chris Mann will deposit $22,400 into an account today that earns 10% per year compounded annually.Using the following factors, what is the amount that will be in the account at the end of the 5 years? A) $36,075 B) $13,909 C) $27,351 D) $18,681 $36,075
B) $13,909
C) $27,351
D) $18,681

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