Multiple Choice
You are scheduled to receive $5,000 in two years.When you receive it, you will invest it at 6.5 percent per year.How much will your investment be worth eight years from now?
A) $7,295.71
B) $8,274.98
C) $6,850.43
D) $10,665.75
E) $7,302.27
Correct Answer:
Verified
Correct Answer:
Verified
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