Multiple Choice
Xiang invests $25,000 per year, starting today, for 20 years at an interest rate of 7%.What is the value of the investment at the end of the 20 years?
A) $1,096,629
B) $1,024,887
C) $283,390
D) $264,850
Correct Answer:
Verified
Correct Answer:
Verified
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