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How much will $25,000 grow to in seven years, assuming an interest rate of 12% compounded annually? (FV of $1. PV of $1. FVA of

How much will $25,000 grow to in seven years, assuming an interest rate of 12% compounded annually? (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $55,267 $46,000. $61,899 $52,344

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