Wendy and John Each Deposit $2,000 in a Bank Account

Multiple Choice

Wendy and John each deposit $2,000 in a bank account at different rates of interest. Wendy receives interest on her deposit at an annual rate of 6 percent, while John receives interest at an annual rate of 9 percent.
-Refer to the scenario above. What will be the future value of John's deposit after 1 year?

A) $2,120
B) $2,180
C) $2,320
D) $2,460