Multiple Choice
Assume that $300 is deposited at the end of each year in an account in which interest is compounded annually at a rate of 9%.Find the accumulated amount after 10 years.Round to the nearest cent.
A) $4,557.88
B) $4,857.88
C) $1,419.29
D) $3,038.59
E) $1,519.29
Correct Answer:
Verified
Correct Answer:
Verified
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