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Question Help Assuming an interest rate of 12%, if you invest a lump sum of $3,000 now, the balance of your investment in 5 years

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Question Help Assuming an interest rate of 12%, if you invest a lump sum of $3,000 now, the balance of your investment in 5 years will be closest to: EE (click the icon to view the future value of $1 table.) EEB (Click the lcon to view the future value of annuity of $1 table.) O A. $10,815 OB, $15,000. O c. $5,286. O D. $1,701. % 25 95 23-27 4163 2792|471 1112223 129 -1, 1, 1 2 2 9741 %681595 85 4 5 7 8 9-1 lu 5 6 7 8 9 10 1 Data Table Future Value of Annuity of $1 12% 6.353 8.115 10.089 11.43612.300 Periods 8% 5.867 7.336 8.923 10.637 12.488 14.487 10% 6.105 7.716 9.487 14% 6.610 8.536 10.730 13.233 16.085 19.337 13.579 15.937 0 14.776 17.549 10 Print Done

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