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If you invest $1,200 at the end of every year for five years at an interest rate of 10%, the balance of your investment in
If you invest $1,200 at the end of every year for five years at an interest rate of 10%, the balance of your investment in 5 years will be closest to (The future value of annuity for this scenario is 6.105.) A. $7,326. B. $1,933. C. $6,000. D. $4,549.
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