Assume That $1,500 Is Deposited in an Account in Which

question 220

Multiple Choice

Assume that $1,500 is deposited in an account in which interest is compounded annually at a rate of 8%.Find the accumulated amount after 14 years rounded to the nearest cent.

• A)$4,805.79
• B)$4,505.79
• C)$4,355.79
• D)$4,305.79
• E)$4,405.79

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Having likeness or resemblance, especially in terms of qualities or characteristics.

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The skill to assimilate, grasp, and implement insights, tackle challenges, and accommodate to unfamiliar conditions.

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