Multiple Choice
At the beginning of next year,Luis will deposit $50 in a saving account that will earn 10% interest per year.If there are no changes in his liabilities,at the end of the next year his wealth will have
A) increased by $50.
B) decreased by $50.
C) increased by $55.
D) decreased by $55.
E) not changed.
Correct Answer:
Verified
Correct Answer:
Verified
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