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Solve the Problem. -If $1250 Is Invested at a Rate of Compounded

Question 91

Multiple Choice

Solve the problem.
-If $1250 is invested at a rate of Solve the problem. -If $1250 is invested at a rate of compounded monthly, what is the balance after 10 years? A) $1594.31 B) $2844.31 C) $1031.25 D) $2281.25 compounded monthly, what is the balance after 10 years? Solve the problem. -If $1250 is invested at a rate of compounded monthly, what is the balance after 10 years? A) $1594.31 B) $2844.31 C) $1031.25 D) $2281.25


A) $1594.31
B) $2844.31
C) $1031.25
D) $2281.25

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