You decide to invest $250 in an account that yields a return of approximately 4% each year. What is the value of your investment after 15 years if you make no further deposits or withdrawals? O $506.45 O $432.92 O $400.25 O $450.24
You decide to invest $250 in an account that yields a return of approximately 4% each year. What is the value of your investment after 15 years if you make no further deposits or withdrawals? O $506.45 O $432.92 O $400.25 O $450.24
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CT: Chapter Test
Problem 14CT
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