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If You Deposit $9,000 at the Beginning of Each Year

Question 5

Multiple Choice

If you deposit $9,000 at the beginning of each year in an account earning 8% interest, what will be the value of the account in 25 years?

A) $609,216.17
B) $657,953.46
C) $710,589.74
D) $774,823.46

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