On the Day Harry Was Born, His Parents Put $1200

question 94

Multiple Choice

On the day Harry was born, his parents put $1200 into an investment account that promises to pay a fixed interest rate of 6 percent per year. How much money will Harry have in this account when he turns 21?

• A) $3263
• B) $4079
• C) $8158
• D) $3766

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