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TB MC Qu. B-53 (Algo) A company has... A company has $45,000 today to invest in a fund that will earn 4% compounded annually. How

TB MC Qu. B-53 (Algo) A company has...

A company has $45,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

Multiple Choice

$56,939
$46,800
$56,813
$55,800
$61,223

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