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Find the Compound Amount for the Deposit $15,000\$ 15,000 At 3%3 \%

Question 71

Multiple Choice

Find the compound amount for the deposit. Round to the nearest cent.
- $15,000\$ 15,000 at 3%3 \% compounded annually for 19 years


A) $26,302.59\$ 26,302.59
B) $25,536.50\$ 25,536.50
C) $23,550.00\$ 23,550.00
D) $23,100.00\$ 23,100.00

Correct Answer:

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