Suppose You Put $350 into a Bank Account Today

question 163

Multiple Choice

Suppose you put $350 into a bank account today.Interest is paid annually and the annual interest rate is 6 percent.The future value of the $350 after 4 years is

• A)$414.09.
• B)$434.00.
• C)$441.87.
• D)$481.24.

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