Solved

You Invest $2,500 Today at an Interest Rate of 20

Question 3

Multiple Choice

You invest $2,500 today at an interest rate of 20% compounded annually.How much will you accumulate after 35 years?

A) $1,476,670.57
B) $1,230,558.81
C) $1,506,203.98
D) $1,772,004.69
E) $1,974,367.39

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