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An individual invests $12,000 at a rate of 4% per annum. What will be its value in 9 years' time? Multiple Choice 0 $16,289 $15,853

An individual invests $12,000 at a rate of 4% per annum. What will be its value in 9 years' time? Multiple Choice 0 $16,289 $15,853 $18,000 $17,080 $15,000

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