Multiple Choice
Suppose that you place $450 in a bank account each year for the next 20 years.How much would be in your bank account at the end of the twentieth year if the deposits earned an annual rate of return of 6% each year?
A) $9,540.00
B) $10,876.31
C) $14,729.44
D) $16,553.52
Correct Answer:
Verified
Correct Answer:
Verified
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