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Which comes closest to the future value of $ 925 to be received at the end of 6 years, if the amount earns an annual
Which comes closest to the future value of $925 to be received at the end of 6 years, if the amount earns an annual interest rate of 8% and is compounded 12 times per year?
$1492.49 | ||
$999.00 | ||
$1467.86 | ||
$582.91 | ||
$573.29 |
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