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Six Years from Now, You Will Be Inheriting $100,000

Question 29

Multiple Choice

Six years from now, you will be inheriting $100,000. What is this inheritance worth to you today if you can earn 6.5 percent interest, compounded annually?


A) $68,533.41
B) $70,008.21
C) $72,419.05
D) $72,798.47
E) $74,003.15

Correct Answer:

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