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Assuming an interest rate of 14%, if you invest a lump sum of $6,000 now, the balance of your investment in 7 years will be

Assuming an interest rate of 14%, if you invest a lump sum of $6,000 now, the balance of your investment in 7 years will be closest to: A. $42,000 B. $15,012 C. $25,728 D. $2,400

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Mathematical Applications for the Management Life and Social Sciences

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