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Find the Future Value If $5000 Is Invested for 2 $\$$

Question 60

Multiple Choice

Find the future value if $5000 is invested for 2 years at an annual rate of 10% compounded quarterly.

A) $\$$ 4000.00
B) $\$$ 6077.53
C) $\$$ 5253.12
D) $\$$ 6050.00
E) $\$$ 6092.01

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