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    Exam 3: Understanding and Appreciating the Time Value of Money
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    If Monica Invests $15,750 at 8 Percent Annual Interest,how Much
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If Monica Invests $15,750 at 8 Percent Annual Interest,how Much

Question 83

Question 83

Multiple Choice

If Monica invests $15,750 at 8 percent annual interest,how much would she have after eight years?


A) $29,152.15
B) $17,010.08
C) $32,354.22
D) $39,678.92

Correct Answer:

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