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  3. Study Set
    Introduction to Corporate Finance
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    Exam 3: The Time Value of Money
  5. Question
    If You Deposit $9,000 at the BEGINNING of Each Year
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If You Deposit $9,000 at the BEGINNING of Each Year

Question 129

Question 129

Multiple Choice

If you deposit $9,000 at the BEGINNING of each year in an account earning 8% interest,what will be the value of the account in 25 years?


A) $609,216.17
B) $657,953.46
C) $710,589.74
D) $774,823.46

Correct Answer:

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