The graph below represents the future value of a CD, after x years have passed. What was the opening balance of the CD? A. $6500B. $5000C. $3500D. $500

Question

asked Mar 23, 2023 112k views

1 Answer

Jack Trowbridge · Answer 1 · 2023-03-28T23:34:35+0000

The opening balance is the amount of money in a bank account when it is opened.

Based on the graph, at 0 years, the opening balance is around $3,500.

Therefore, the answer is CHOICE C: $3,500.