$3,000 Is Deposited into an Account Paying 10% Annually,to Provide

question 26

Multiple Choice

$3,000 is deposited into an account paying 10% annually,to provide three annual withdrawals of $1,206.34 beginning in one year.How much remains in the account after the second payment has been withdrawn?

• A) $1,326.97
• B) $1,206.34
• C) $1,096.69
• D) $587.32

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Recipient

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Effective Listening

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The reliance on the integrity, strength, ability, surety, or truth of someone or something, forming the foundation of interpersonal relationships and business dealings.

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