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    The Future Value of an Annuity of $1,000 Each Quarter
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The Future Value of an Annuity of $1,000 Each Quarter

Question 45

Question 45

Multiple Choice

The future value of an annuity of $1,000 each quarter for 10 years, deposited at 12 percent compounded quarterly is


A) $17,549
B) $75,401
C) $93,049
D) $11,200

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