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Suppose That You Invested $100 in a Bank Account That

Question 108

Multiple Choice

Suppose that you invested $100 in a bank account that earned an annual rate of return of 10%.How much would you have in that bank account at the end of 10 years?


A) $259.37
B) $238.55
C) $293.74
D) $214.46
E) $279.23

Correct Answer:

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