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You are scheduled to receive $26,000 in two years. When you receive it, you will invest it for 9 more years at 5.5 percent per
You are scheduled to receive $26,000 in two years. When you receive it, you will invest it for 9 more years at 5.5 percent per year. How much will you have in 11 years? |
Multiple Choice
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$46,854.40
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$39,991.63
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$44,201.27
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$42,096.45
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$29,510.28
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