Problem based on ira account
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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