Assume the account will earn 3 annually if she repeats this


Question - Sondra deposits $2,000 in an IRA account on April 15, 2009. Assume the account will earn 3% annually. If she repeats this for the next nine years, how much will she have on deposit on April 14, 2019?

A. $20,600.

B. $20,728.

C. $23,616.

D. $24,715.

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Accounting Basics: Assume the account will earn 3 annually if she repeats this
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