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Use the Following 8% Interest Factors for Questions

Question 114

Multiple Choice

Use the following 8% interest factors for questions . Use the following 8% interest factors for questions . -If $5,000 is deposited annually starting on January 1, 2012 and it earns 8%, what will the balance be on December 31, 2019? A) $44,614 B) $48,183 C) $53,183 D) $57,438
-If $5,000 is deposited annually starting on January 1, 2012 and it earns 8%, what will the balance be on December 31, 2019?


A) $44,614
B) $48,183
C) $53,183
D) $57,438

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