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assuming an interest rate of 10%, if you invest a lump sum of $7,500 now, the balance of your investment in 7 years wil be

assuming an interest rate of 10%, if you invest a lump sum of $7,500 now, the balance of your investment in 7 years wil be closest to

a. $9,745. b. $11,870. c. $14,618 d. 9,245.

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