Your broker is offering 1.2 percent compounded daily on its money market account. If you deposit $7,500 today, how much will you have in your account 15 years from now?
A) $8,979.10
B) $9,714.06
C) $8,204.50
D) $9,336.81
E) $9,414.14
Correct Answer:
Verified
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