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    What Is the Future Value of $4,160 Invested for Eight
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What Is the Future Value of $4,160 Invested for Eight

Question 255

Question 255

Multiple Choice

What is the future value of $4,160 invested for eight years at 8.5% compounded annually?


A) $6,988.80
B) $7,989.71
C) $8,122.20
D) $8,211.29
E) $8,404.12

Correct Answer:

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