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Assume you invest $17,600 today for five years at an interest rate of 11.9%. What will be this one-time investments future value? Group of answer

Assume you invest $17,600 today for five years at an interest rate of 11.9%. What will be this one-time investments future value?

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a) $30,878.99

b) $26,524.58

c) $29,236.26

d) $26,900.71

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