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The treasurer of GHI International expects to invest $120,000 of the firm's funds in a long-term investment vehicle at the end of each year for

The treasurer of GHI International expects to invest $120,000 of the firm's funds in a long-term investment vehicle at the end of each year for the next 6 years. He expects the the company will earn 2% interest that will compound annually. The value that these payments should have at the end of the 6 year period is calculated as:

A. $756975

B. $156975

C. $2256975

D. $1056975

E. $-443025

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