A single deposit of $25,000 was made by yourgrandparents

Chapter 2, Problem 2.69

(choose chapter or problem)

A single deposit of $25,000 was made by yourgrandparents on the day you were born 25 yearsago. The balance in the account today if it grew at10% per year is closest to:(a) $201,667 (b) $241,224(c) $270,870 (d) $296,454

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