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The Future Value of $50,000 Invested Today,at the End of 10

Question 37

Multiple Choice

The future value of $50,000 invested today,at the end of 10 years assuming an interest rate of 7.5% per year,with semiannual compounding,is

A) $104,407.60
B) $103,051.58
C) $123,510.52
D) $210,673.43
E) $105,117.46

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