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John invests $5,000 at 6% interest compounded annually for four years. What is the future value of this investment? $3,960.47 $6,312.38 $17,325.53 $21,873.08
John invests $5,000 at 6% interest compounded annually for four years. What is the future value of this investment?
$3,960.47 | ||
$6,312.38 | ||
$17,325.53 | ||
$21,873.08 |
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