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Consider an investment of $500 compounded annually with 3% interest. Select True or False for each statement.

A. After 3 years, if no money is withdrawn, the account will have $546.36
A True B False
B. The account will gain $15.00 every year.
A True B False
C. After 5 years, if no money is withdrawn, the account will have $562.75.
A True B False

User Xaxxon
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1 Answer

4 votes
The answer is A right?
User NoChinDeluxe
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