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    What's the Future Value of $1,500 After 5 Years If
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What's the Future Value of $1,500 After 5 Years If

Question 31

Question 31

Multiple Choice

What's the future value of $1,500 after 5 years if the appropriate interest rate is 6%,compounded monthly?


A) $1,922.11
B) $2,023.28
C) $2,124.44
D) $2,230.66

Correct Answer:

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