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Linton Corporation Will Invest $10,000 Every January 1st for the Next

Question 12

Multiple Choice

Linton Corporation will invest $10,000 every January 1st for the next six years (2008 - 2013) . If Linton will earn 12% on the investment, what amount will be in the investment fund on December 31, 2013?


A) $41,114
B) $46,048
C) $81,152
D) $90,890

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