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Lucy invested $10,000 in a new mutual fund account exactly three years ago. The value of the account increased by 10 percent during the first year, increased by 5 percent during the second year, and decreased by 10 percent during the third year. What is the value of the account today?
(A) $10,350
(B) $10,395
(C) $10,500
(D) $11,500
(E) $12,705
Answer: B
Source: Official Guide
(A) $10,350
(B) $10,395
(C) $10,500
(D) $11,500
(E) $12,705
Answer: B
Source: Official Guide
