What will be your account balance at the end of the 5th year

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Reference no: EM13290800

You deposit $150 in your credit union for 5 years at annual rate of 6%, and interest compounds annually. What will be your account balance at the end of the 5th year? (Pick the best answer.)

A) approximately $200
B) approximately $267
C) approximately $300
D) approximately $233

Reference no: EM13290800

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