Multiple Choice
Your current investment will mature in 2 years for $30,000,at which time you will reinvest the funds for 10 more years at 7% per year.What will be the value of your investment at the end of the 12th year?
A) $59,014.54
B) $55,153.78
C) $61,985.74
D) $67,565.75
E) $52,734.41
Correct Answer:
Verified
Correct Answer:
Verified
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