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When You Were Born,your Parents Opened an Investment Account in Your

Question 63

Multiple Choice

When you were born,your parents opened an investment account in your name and deposited $500 into the account.The account has earned an average annual rate of return of 4.8 percent.Today,the account is valued at $36,911.22.How old are you?


A) 74.47 years
B) 76.67 years
C) 81.08 years
D) 87.33 years
E) 91.75 years

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