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What Is the Future Value of $25,000 Invested Today for the Next

Question 24

Multiple Choice

What is the future value of $25,000 invested today for the next 22 years if the interest rate is 17.5 percent?


A) $200,200.87
B) $868,506.50
C) $1,200,000.45
D) $1,250,000.54
E) None of the above.

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