Multiple Choice
If you put $1,000 in the bank today at an interest rate of 6% what is its value in two years?
A) $2,000(1.06)
B) $1,000 + $(1.06) 2
C) $1,000(1.06) 2
D) None of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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