If $10,000 Per Year Is Deposited at 8% Starting Today

question 10

Multiple Choice

If $10,000 per year is deposited at 8% starting today and at the beginning of each of the next five years (6 deposits) , the amount on deposit will be:

• A)$46,229.
• B)$73,359.
• C)$49,927.
• D)$79,228.

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Definitions:

Previous Work Experience

The professional background or employment history that an individual has accumulated prior to their current role or job application.