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What would a savings account that started with $500 be worth after 10 years if the account earned 4% compounded annually? A) $5076 B) $730
What would a savings account that started with $500 be worth after 10 years if the account earned 4% compounded annually?
A) $5076
B) $730
C) $740
D) $484
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
