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Christopher invests $800 today at a 7% rate of return which is compounded annually. What is the future value of this investment after 12 years?
Christopher invests $800 today at a 7% rate of return which is compounded annually. What is the future value of this investment after 12 years?
$1,801.75 | ||
$6,354.15 | ||
$355.21 | ||
$14,310.76 |
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