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What is the future value of $5, 700 invested for 18 years at 9 percent compounded annually? A. $26, 397.74 B. $26.88 7.59 C. $28,

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What is the future value of $5, 700 invested for 18 years at 9 percent compounded annually? A. $26, 397.74 B. $26.88 7.59 C. $28, 511.15 D. $27, 513.06 E. $27, 520.22 Your parents spent $7, 800 to buy 200 shares of stock in a new company 12 years ago. The stock has appreciated 14.6 percent per year on average. What is the current value of those 200 shares? A. $36, 408.70 B. $40, 023.03 C. $39, 580.92 D. $40, 515.08 E. $37, 449.92

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