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What is the future value of an investment of $35,000 at an annual interest rate of 4.5 percent after 8 years? $1,575 $15,750 $36,575 $49,774

What is the future value of an investment of $35,000 at an annual interest rate of 4.5 percent after 8 years?

$1,575

$15,750

$36,575

$49,774

None of the above

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