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    What Is the Future Value of $6,200 Invested for 23
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What Is the Future Value of $6,200 Invested for 23

Question 45

Question 45

Multiple Choice

What is the future value of $6,200 invested for 23 years at 9.25 percent compounded annually?


A) $22,483.60
B) $27,890.87
C) $38,991.07
D) $41,009.13
E) $47,433.47

Correct Answer:

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