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    Mathematics
  3. Study Set
    Precalculus Graphical Numerical Algebraic
  4. Exam
    Exam 3: Exponential, Logistic, and Logarithmic Functions
  5. Question
    Solve the Problem. -Suppose You Contribute $50 Per Month into a Fund That
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Solve the Problem. -Suppose You Contribute $50 Per Month into a Fund That

Question 316

Question 316

Multiple Choice

Solve the problem.
-Suppose you contribute $50 per month into a fund that earns 6.34% annual interest. What is the value of your investment after 29 years?


A) $49,754.30
B) $89,557.73
C) $64,680.59
D) $39,803.44

Correct Answer:

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