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The future value of an initial $1,000 compounded for 5 years at 10 percent is: Select one: a. $5,000 b. $5,500 c. $1,611 d. $1,161

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The future value of an initial $1,000 compounded for 5 years at 10 percent is: Select one: a. $5,000 b. $5,500 c. $1,611 d. $1,161

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