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What amount of cash would result at the end of one year, if $28,000 is invested today and the rate of return is 8% ?
What amount of cash would result at the end of one year, if $28,000 is invested today and the rate of return is 8% ? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to the nearest dollar.) Multiple Choice $25,760 $29,960 $30,240 $28,000
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