On May 25,1980 Three Pals Graduated from High School,pooled Together

question 92

Multiple Choice

On May 25,1980 three pals graduated from high school,pooled together $3,000 and put the money into an account promising to pay 8% for the next 30 years.On May 25,2010 they withdrew all the money from the account.To the nearest dollar,how much did they withdraw?

• A)$25,962
• B)$27,297
• C)$30,188
• D)None of the above are correct to the nearest dollar.

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