Today is your 21st birthday and your bank account balance is $25,000.

Today is your 21st birthday and your bank account balance is $25,000. Your account is earning
6.5% interest compounded daily. How much will be in the account on your 50th birthday?

A) $164,631 B) $163,823 C) $162,183 D) $159,795

 

 

ANSWER

A

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