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    Exam 3: Applying Time Value Concepts
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    How Much Must You Invest Today at 8% Interest in Order
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How Much Must You Invest Today at 8% Interest in Order

Question 13

Question 13

Multiple Choice

How much must you invest today at 8% interest in order to see your investment grow to $15,000 in 10 years?


A) $6,330
B) $6,945
C) $7,620
D) $7,500

Correct Answer:

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