Multiple Choice
On May 25,1978 three pals graduated from high school,pooled together $1,000 and put the money into an account promising to pay 8% for the next 30 years.On May 25,2008 they withdrew all the money from the account.To the nearest dollar,how much did they withdraw?
A) $2,400
B) $10,063
C) $32,400
D) None of the above are correct to the nearest dollar.
Correct Answer:
Verified
Correct Answer:
Verified
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