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    The Future Value of an Ordinary Annuity of $2,000 Each
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The Future Value of an Ordinary Annuity of $2,000 Each

Question 45

Question 45

Multiple Choice

The future value of an ordinary annuity of $2,000 each year for 10 years, deposited at 12 percent, is ________.


A) $39,310
B) $35,098
C) $20,000
D) $11,300

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