Use this information to answer the following question. A single deposit of $4,000 made at the beginning of period 1 at a 12% interest rate would grow to how much at the end of three years?
A) $4,480.00
B) $5,620.00
C) $5,016.00
D) $13,496.00

Question

Use this information to answer the following question.  A single deposit of $4,000 made at the beginning of period 1 at a 12% interest rate would grow to how much at the end of three years?
A) $4,480.00 
B) $5,620.00 
C) $5,016.00 
D) $13,496.00

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  A single deposit of $4,000 made at the beginning of period 1 at a 12% interest rate would grow to how much at the end of three years?
A) $4,480.00 
B) $5,620.00 
C) $5,016.00 
D) $13,496.00

Use This Information to Answer the Following Question