Multiple Choice
Assume that $450 is deposited at the end of each year into an account in which interest is compounded annually at a rate of 5.5%.Find the accumulated amount after 14 years.Round to the nearest cent.
A) $9,096.66
B) $9,157.76
C) $9,144.71
D) $9,171.96
E) $9,131.66
Correct Answer:
Verified
Correct Answer:
Verified
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