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What amount of cash would result at the end of one year, if $11,000 is invested today and the rate of return is 12%? (PV

What amount of cash would result at the end of one year, if $11,000 is invested today and the rate of return is 12%? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.)

Multiple Choice $11,000 $12,210 $12,320 $9,680

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