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Ten Years from Now,you Will Be Inheriting $100,000

Question 10

Multiple Choice

Ten years from now,you will be inheriting $100,000.What is this inheritance worth to you today if you can earn 5.5 percent interest,compounded annually?


A) $58,543.06
B) $63,215.46
C) $72,419.05
D) $72,798.47
E) $74,003.15

Correct Answer:

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