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    Exam 12: Compound Interest and Present Value
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    Using the Table in Your Handbook, $6,000 for Six Years
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Using the Table in Your Handbook, $6,000 for Six Years

Question 15

Question 15

Multiple Choice

Using the table in your handbook, $6,000 for six years at 8½% compounded daily will grow to:


A) $8,991.02
B) $8,950.10
C) $9,991.20
D) $9,990.02
E) None of these

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