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Amy Contributed $160 Per Month for 16 Years to an Account

Question 142

Multiple Choice

Amy contributed $160 per month for 16 years to an account that paid 4% for the first 8 years, but 4.7% for the last 8 years.How much has she saved?


A) $44,896.93
B) $44,906.94
C) $44,908.93
D) $43,662.37

Correct Answer:

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