Multiple Choice
You have $5,000 you want to invest for the next 45 years.You are offered an investment plan that will pay you 6 percent per year for the next 15 years and 10 percent per year for the last 30 years.How much will you have at the end of the 45 years?
A) $201,516.38
B) $209,092.540
C) $209,092.54
D) -$209,092.54
E) $221,408.97
Correct Answer:
Verified
Correct Answer:
Verified
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