Multiple Choice
John Anderson deposited $10,000 in a certificate of deposit (CD) for 3 years at 5%. At maturity, how much will the CD be worth? (Round the answer to the nearest dollar.)
A) $10,500
B) $10,725
C) $11,400
D) $11,580
E) $12,400
Correct Answer:
Verified
Correct Answer:
Verified
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