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What is the future value of $20,000 in 4 years, assuming the interest rate is 12% per year? A) $32,020,64 B) $17,096.08 C) $31,470.39 D)

What is the future value of $20,000 in 4 years, assuming the interest rate is 12% per year?

A) $32,020,64

B) $17,096.08

C) $31,470.39

D) $28, 292.66

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