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What is the future value of $3,040 invested for 11 years at 6.50 percent compounded annually? Multiple Choice $5,712.78 $6,055.43 $6,099.41 $1,451.45 $6,077.42

What is the future value of $3,040 invested for 11 years at 6.50 percent compounded annually?

Multiple Choice

  • $5,712.78

  • $6,055.43

  • $6,099.41

  • $1,451.45

  • $6,077.42

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