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If Martin Invests $20,000 for 20 Years and His Investment

Question 30

Multiple Choice

If Martin invests $20,000 for 20 years and his investment earns 20% interest compounding quarterly, what will it be worth at the end of his investment period?


A) $991,228.82
B) $120,000.00
C) $244,529.20
D) $424,872.36

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