Multiple Choice
A particular investment program involves continuously making small investments adding up to $3600 each year. If the investment pays 12%, and the account started off with an initial balance of $500, how much will the account be worth in 40 years?
A) $3,676,068
B) $3,615,313
C) $60,755
D) $3,706,068
Correct Answer:
Verified
Correct Answer:
Verified
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