Question: If when you are 2 1 you put $ 1 , 0 0 0 in a bank deposit promising to pay 6 percent annual compound

If when you are 21 you put $1,000 in a bank deposit promising to pay 6 percent annual compound interest, how much will be in the account 45 years later when you retire at age 66?(Round to the nearest dollar)
Multiple Choice
$13,765
$24,871
$3,752
$46,794
If when you are 21 you put $1,000 in a bank

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