Multiple Choice
If you deposit $900 into an account for two years and the interest rate is 4%,how much do you have at the end of the two years?
A) $972.00
B) $973.44
C) $974.19
D) None of the above is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: Assuming the interest rate is 6 percent,
Q36: Cleo promises to pay Jacques $1,000 two
Q37: Your accountant tells you that if you
Q38: According to the rule of 70,if the
Q39: HydroGrow is considering building a new greenhouse
Q40: Jarrod says that the future value of
Q42: Compounding refers directly to<br>A)finding the present value
Q43: Which famous person referred to compounding as
Q45: Jorge deposited $1,000 into an account three
Q46: Which of the following is the correct