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q31 Penny invested $100,000 at 8% effective annual interest rate for 10 years. What is the future value of her investment? Select one: O a.

q31

Penny invested $100,000 at 8% effective annual interest rate for 10 years. What is the future value of her investment? Select one: O a. $214,358.88 O b. $215,892.50 c. $180,000.00 O d. $500,000.00

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