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You Own a Classic Automobile That Is Currently Valued at $150,000.If

Question 22

Multiple Choice

You own a classic automobile that is currently valued at $150,000.If the value increases by 6.5 percent annually,how much will the automobile be worth ten years from now?


A) $244,035.00
B) $251,008.17
C) $270,013.38
D) $281,570.62
E) $291,480.18

Correct Answer:

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