Multiple Choice
If you invest $47 000 for five years at 9.7% p.a.(interest paid annually and then reinvested) ,what is the value of your investment at the end of the five-year period?
A) $81 910.13
B) $74 667.39
C) $56 560.22
D) $62 046.56
Correct Answer:
Verified
Correct Answer:
Verified
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