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  • 25-05-2024
  • Business
Answered

Which of the following best describes the amount of money you'll have if you put $1000 into a savings account earning 1% annual compound interest for 10 years? you can ignore the impact of inflation in this question.
A. exactly $
1100
B. slightly more than $1100
C. slightly less than $
2000
D. exactly $11,000

Verified Answer :

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