If You Invest $10,000 Today in a Savings Account That

question 122

Multiple Choice

If you invest $10,000 today in a savings account that earns 5% interest,compounded annually,how much would be in the account at the end of ten years? (Future Value of $1,Present Value of $1,Future Value Annuity of $1,Present Value Annuity of $1. ) (Use appropriate factor from the PV tables.Round your final answer to nearest dollar amount. )

• A)$6,139
• B)$16,289
• C)$77,217
• D)$125,779

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