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You Are Expecting to Receive $70 Per Year at the End

Question 75

Multiple Choice

You are expecting to receive $70 per year at the end of each of the next five years.If you invest the money in account that pays 5%,then how much interest will you earn over the five years? (Round to the nearest whole dollar)


A) $37
B) $18
C) $75
D) $350
E) $387

Correct Answer:

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