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    What Is the Future Value (FV)of $60,000 in Five Years,assuming
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What Is the Future Value (FV)of $60,000 in Five Years,assuming

Question 38

Question 38

Multiple Choice

What is the future value (FV) of $60,000 in five years,assuming the interest rate is 5% per year?


A) $62,500.00
B) $72,674.86
C) $75,000.00
D) $76,576.89

Correct Answer:

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