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The interest is: a) The cost of capital b) The price of money c) All of these You have decided to save $1000 at the

The interest is:

a) The cost of capital

b) The price of money

c) All of these

You have decided to save $1000 at the end of each year for the next five years. How much will you have at the end of the five years if you are paid interest of 2.4% per annum?

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