If You Place $10,000 in a Savings Account That Pays

question 71

Multiple Choice

If you place $10,000 in a savings account that pays 3 percent interest per year and you leave all the money, principal plus interest earned, in the account for three years, approximately how much money will you have at the end of the three years?

• A)$10,090
• B)$11,120
• C)$10,927
• D)$9,152
• E)$10,124

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Definitions:

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Giardia Lamblia

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