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tetleyelmo tetleyelmo
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7 years ago
Molly Costner deposits $2,500 in her checking account today. Her checking account pays interest of 2.5% compounded annually. Assuming Molly does not withdraw any funds and does not deposit any additional funds, how much will be in her account in 25 years?
A) $4,096.54   
B) $3,750.00   
C) $4,102.52   
D) $4,634.86   
E) $4,062.50
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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BlimpBlimp
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Posts: 499
7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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