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Dwayne plans to invest $3,900 in a savings account at the beginning of each of the next 12 years. If his opportunity cost rate is
Dwayne plans to invest $3,900 in a savings account at the beginning of each of the next 12 years. If his opportunity cost rate is 7 percent compounded annually, how much will his investment be worth at the end of 12 years?
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$74,648.51
$82,668.27
$71,250.52
$79,075.72
$81,542.29
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