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Present Value of 1 Future Value of 1

Question 17

Multiple Choice

Present Value of 1 Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 Cody invests $1,800 per year from his summer wages at a 4% annual interest rate.He plans to take a European vacation at the end of 4 years when he graduates from college.How much will he have available to spend on his vacation? A) $7,787.52 B) $7,488.00 C) $6,912.00 D) $7,200.00 E) $7,643.70 Future Value of 1 Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 Cody invests $1,800 per year from his summer wages at a 4% annual interest rate.He plans to take a European vacation at the end of 4 years when he graduates from college.How much will he have available to spend on his vacation? A) $7,787.52 B) $7,488.00 C) $6,912.00 D) $7,200.00 E) $7,643.70 Present Value of an Annuity of 1 Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 Cody invests $1,800 per year from his summer wages at a 4% annual interest rate.He plans to take a European vacation at the end of 4 years when he graduates from college.How much will he have available to spend on his vacation? A) $7,787.52 B) $7,488.00 C) $6,912.00 D) $7,200.00 E) $7,643.70 Future Value of an Annuity of 1 Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 Cody invests $1,800 per year from his summer wages at a 4% annual interest rate.He plans to take a European vacation at the end of 4 years when he graduates from college.How much will he have available to spend on his vacation? A) $7,787.52 B) $7,488.00 C) $6,912.00 D) $7,200.00 E) $7,643.70 Cody invests $1,800 per year from his summer wages at a 4% annual interest rate.He plans to take a European vacation at the end of 4 years when he graduates from college.How much will he have available to spend on his vacation?


A) $7,787.52
B) $7,488.00
C) $6,912.00
D) $7,200.00
E) $7,643.70

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