Multiple Choice
A particular investment program involves continuously making small investments adding up to $3600 each year. If the investment pays 8%, and the account started off with an initial balance of $1000, how much will the account be worth in 40 years?
A) $1,083,496
B) $1,058,964
C) $24,533
D) $1,128,496
Correct Answer:
Verified
Correct Answer:
Verified
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