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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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