Suppose you put $500 into a bank account today. Interest is paid annually and annual interest rate is 5.5 percent. The future value of the $500 is  a. $637.50 after 5 years and S822.09 aler 10 years b. $637.50 after 5 years and $775.00 after 10 years. C.S653.48 after 5 years and S854.07 after 10 years. d. $688.36 after 5 years and $915.56 after 10 years.

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