How much will $1,000 deposited in a savings account earning a compound annual interest rate of 6

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How much will $1,000 deposited in a savings account earning a compound annual interest rate of 6 percent be worth at the end of the following number of years?
a. 3 years
b. 5 years
c. 10 years

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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