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If you invest at the end of every year for years at an interest rate of %, the balance of your investment in years will
If you invest at the end of every year for years at an interest rate of %, the balance of your investment in years will be closest to: LOADING...(Click the icon to view the future value of $1 table.) LOADING...(Click the icon to view the future value of annuity of $1 table.) A. . B. . C. . D. . Click to select your answer. Data Table
If you invest $1,200 at the end of every year for five years at an interest rate of 14%, the balance of your investment in 5 years will be closest to: (Click the icon to view the future value of $1 table.) (Click the icon to view the future value of annuity of $1 table.) O A. $6,000. OB. $2,310. Data Table OC. $4,120. OD. $7,932. Future Value of $1 Periods 3 4 8% 1.260 1.360 1.469 1.587 10% 1.331 1.464 1.611 1.772 12% 1.405 1.574 1.762 1.974 14% 1.482 1.689 1.925 2.195 5 6 Data Table Future Value of Annuity of $1 Periods 8% 3 3.246 4 4.506 5 6 7.336 10% 3.310 4.641 6.105 7.716 12% 3.374 4.779 6.353 8.115 14% 3.440 4.921 6.610 8.536 5.867 Click to select your answer. Print DoneStep by Step Solution
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