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Tipson Corporation Will Invest $30,000 Every January 1st for the Next

Question 50

Multiple Choice

Tipson Corporation will invest $30,000 every January 1st for the next six years (2015 - 2020) .If Linton will earn 12% on the investment, what amount will be in the investment fund on December 31, 2020?


A) $123,342
B) $138,144
C) $243,456
D) $272,670

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