Katelyn put $12,000 into a savings account three years ago. It paid 6% interest in the first year, and 7% per year for the following two years. What is her account balance today?   $14,965   $14,464   $14,123   $14,563

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Katelyn put $12,000 into a savings account three years ago. It paid 6% interest in the first year, and 7% per year for the following two years. What is her account balance today?

 

$14,965

 

$14,464

 

$14,123

 

$14,563

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