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Tipson Corporation Will Invest $20,000 Every January 1st for the Next

Question 150

Multiple Choice

Tipson Corporation will invest $20,000 every January 1st for the next six years (2014 - 2019) . If Tipson will earn 12% on the investment, what amount will be in the investment fund on December 31, 2019?


A) $82,228
B) $92,096.
C) $162,304.
D) $181,780.

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