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You Invested $1,200 Three Years Ago

Question 109

Multiple Choice

You invested $1,200 three years ago.During the three years,you earned annual rates of return of 4.8%,9.2%,and 11.6%.What is the value of this investment today?


A) $1,498.08
B) $1,512.11
C) $1,532.60
D) $1,549.19

Correct Answer:

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