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Show Work Please You invest $12,000 for fifteen years at a 7 percent rate of interest compounded annually. The dollar amount of interest you receive
Show Work Please
You invest $12,000 for fifteen years at a 7 percent rate of interest compounded annually. The dollar amount of interest you receive each year will: A) decrease B) increase C) remain constant D) fluctuate E) cannot be determined Step by Step Solution
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