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What is the future value of $1,000 compounded annually for 10 years at 10 percent? a. $2,593.70 b. $4,177 c. $25,000 d. $253 e. $15,943

What is the future value of $1,000 compounded annually for 10 years at 10 percent?

a. $2,593.70

b. $4,177

c. $25,000

d. $253

e. $15,943

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