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What's the Future Value of $1,300 After 5 Years If

Question 144

Multiple Choice

What's the future value of $1,300 after 5 years if the appropriate interest rate is 6%,compounded monthly?

A) $1,385.27
B) $1,753.51
C) $1,841.18
D) $1,928.86
E) $1,683.36

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