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ABC Company has $55,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end

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ABC Company has $55,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years? (PV of $1. FV of $1. PVA of S1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $57,200 $69,592 $69,438 $68,200

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