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QUESTION 5 What is the future value of $12,000 received today if it is invested at 10.5 percent compounded annually for 25 years? A. $131,484.77

QUESTION 5

What is the future value of $12,000 received today if it is invested at 10.5 percent compounded annually for 25 years?

A.
$131,484.77

B.
$145,625.76

C.
$147,475.83

D.
$152,521.75

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