Multiple Choice
Use this information to answer the following question. A single deposit of $4,000 made at the beginning of period 1 at a 12% interest rate would grow to how much at the end of three years?
A) $4,480.00
B) $5,620.00
C) $5,016.00
D) $13,496.00
Correct Answer:

Verified
Correct Answer:
Verified
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