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Marie Is Considering Investing a Part of Her Future Income

Question 49

Multiple Choice

Marie is considering investing a part of her future income in an investment account that offers 0.5% a month.She will start work in 6 months and her contract extends for 2 years.If the investment amount is $300 a month, what is the present value of this investment?


A) $6,768.86
B) $8,338.22
C) $6,569.30
D) $8,903.62

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