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You Have Been Depositing Money at the End of Each

Question 53

Multiple Choice

You have been depositing money at the end of each year into an account drawing 8% interest.What is the balance in the account at the end of year four if you deposited the following amounts?
Year End of Year Deposit
You have been depositing money at the end of each year into an account drawing 8% interest.What is the balance in the account at the end of year four if you deposited the following amounts? Year End of Year Deposit A) $1,622 B) $2,207 C) $2,384 D) $2,687


A) $1,622
B) $2,207
C) $2,384
D) $2,687

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