If an Individual Put $4,000 in a Savings Account Today

question 34

Multiple Choice

If an individual put $4,000 in a savings account today, what amount of cash would be available two years from today?

• A)$4,000 × 0.826
• B)$4,000 × 0.826 × 2
• C)$4,000 ÷ 0.826
• D)$4,000 ÷ 0.909 × 2

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