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    Exam 15: Trade-Offs Involving Time and Risk
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    John Deposits $800 in a Bank at an Annual Interest
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John Deposits $800 in a Bank at an Annual Interest

Question 55

Question 55

Multiple Choice

John deposits $800 in a bank at an annual interest rate of 6 percent.The total amount in John's account after 1 year will be ________.


A) $822
B) $848
C) $864
D) $950

Correct Answer:

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