At the end of every year you deposit $2.000 into an account that earns 9% interest per year. What will be the balance in your account immediately after the 30th deposit? O $248,965 $215,087 O $269,645 O $272,616
At the end of every year you deposit $2.000 into an account that earns 9% interest per year. What will be the balance in your account immediately after the 30th deposit? O $248,965 $215,087 O $269,645 O $272,616
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:At the end of every year you deposit $2,000 into an account that earns 9% interest per year. What will be the balance in your account
immediately after the 30th deposit?
O $248,965
O $215,087
$269,645
O $272,616
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