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    Exam 5: Time Value of Money
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    Jose Now Has $500
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Jose Now Has $500

Question 49

Question 49

Multiple Choice

Jose now has $500.How much would he have after 6 years if he leaves it invested at 7.0% with annual compounding?


A) $570.28
B) $892.93
C) $727.85
D) $750.37
E) $697.84

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