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9. You are scheduled to receive $7500 in three years. When you receive it, you will invest itfor eight more years at 7.5% per year.
9. You are scheduled to receive $7500 in three years. When you receive it, you will invest itfor eight more years at 7.5% per year. How much will you have in eleven years? A. $13 376.08 B. $14 428.09 C. $15 110.24 D. $16 113.33 E. $16 617.07 Step by Step Solution
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Financial Accounting Information for Decisions
Authors: John J. Wild
8th edition
125953300X, 978-1259533006
