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15. What is the future value in 20 years of $900 (today), assuming an interest of 11 percent, compounded quarterly? In other words, if you

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15. What is the future value in 20 years of $900 (today), assuming an interest of 11 percent, compounded quarterly? In other words, if you invest $900 today, how much will you have in 20 years? The interest rate is 11%, compounded quarterly a. $18000 b. $1972,01 c. $7256.07 d. $7884.77 c. $58500.78

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