shakoriagaston1900 shakoriagaston1900
  • 04-09-2019
  • Business
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If $500 is invested at an annual interest rate of 8% per year, its future worth at the end of 30 years will be most nearly:
(A) $1,200
(B) $1,700
(C) $5,031
(D) $15,000

Respuesta :

easymoneyaveri
easymoneyaveri easymoneyaveri
  • 04-09-2019
The interest over 30 years would be 1,200. Therefore you add that to the 500$ you started with. The answer is B) $1,700.
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