Multiple Choice
You are scheduled to receive $7,500 in three years.When you receive it,you will invest it for eight more years at 7.5 percent per year.How much will you have in eleven years?
A) $13,376.08
B) $14,428.09
C) $15,110.24
D) $16,113.33
E) $16,617.07
Correct Answer:
Verified
Correct Answer:
Verified
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