Multiple Choice
A man makes an initial deposit of $1000.Every three months thereafter his deposits are $50 lower than the previous deposit.If j4 = 10%,how much has he accumulated at the time of the 16th deposit? (Answer to the nearest dollar)
A) $26,141
B) $19,380
C) $19,211
D) $12,620
Correct Answer:
Verified
Correct Answer:
Verified
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