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If an investment of $35,000 is eaming an interest rate of 7.00% compounded annually, it will take for this imvestment to grow to a value

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If an investment of $35,000 is eaming an interest rate of 7.00% compounded annually, it will take for this imvestment to grow to a value of $45,877.86-assuming that no additional deposits or withdrawals are made during this time. Which of the following statements is true, assuming that no additional deposits or withdrawais are made? An investment of $25 at an annual rate of 10% will retum a higher value in five years than $50 invested at an annual rate of 5% in the same time. An investment of $50 at an annual rate of 5% will return a higher value in five years than $25 invested at an annual rate of 10% in the same time

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