George is looking to invest for the next three years. He is looking to invest $7,500 today
Question:
George is looking to invest for the next three years. He is looking to invest $7,500 today in a bank-term deposit that will earn interest at 5.75% annually. How much will George have at the end of three years (round to the nearest dollar)?
a. $8,870
b. $9,225
c. $8,681
d. $8,794
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Related Book For 
Stock Markets And Corporate Finance A Primer
ISBN: 9781800611474,9781800611498
1st Edition
Authors: Michael Dempsey
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