Solved

The Future Value of a Deposit in a Savings Account

Question 26

Multiple Choice

The future value of a deposit in a savings account will be smaller


A) the longer a person waits to withdraw the funds.
B) the lower the interest rate is.
C) the larger the initial deposit is.
D) All of the above are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions