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MMLU-Pro / 430 / You invest …

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

You invest 1,000at4percentinterest,compoundedannually.Determineyourbalanceattheendof10years(a)ifyoumakenofurtherdepositsorwithdrawals;(b)ifyoudeposit1,000 at 4 percent interest, compounded annually. Determine your balance at the end of 10 years (a) if you make no further deposits or withdrawals; (b) if you deposit 30 at the beginning of each year, including the tenth; (c) if you withdraw $30 at the end of each year, including the tenth.
Plain-text mathematical notation (without MathML)
You invest 1,000at4percentinterest,compoundedannually.Determineyourbalanceattheendof10years(a)ifyoumakenofurtherdepositsorwithdrawals;(b)ifyoudeposit30 at the beginning of each year, including the tenth; (c) if you withdraw $30 at the end of each year, including the tenth.
Original LaTeX notation
You invest $1,000 at 4 percent interest, compounded annually. Determine your balance at the end of 10 years (a) if you make no further deposits or withdrawals; (b) if you deposit $30 at the beginning of each year, including the tenth; (c) if you withdraw $30 at the end of each year, including the tenth.

category

business

options

  1. $1,465, $1,845, $1,125.50
  2. $1,485, $1,855, $1,120
  3. $1,490, $1,870, $1,130
  4. $1,400, $1,820, $1,110
  5. $1,470, $1,840, $1,115
  6. $1,485.50, $1,880, $1,135.20
  7. $1,475, $1,860, $1,105
  8. $1,480, $1,854.81, $1,120.07
  9. $1,480, $1,850, $1,125
  10. $1,500, $1,860, $1,120

src

stemez-Business

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Source and history

upstream_id / Original problem ID
430
task_id
2550b768-4bdd-5f02-b4ed-50b8ebbe9973
task_key
default--test--430
task_revision_id
1
config / split
default / test

Official source

initial import