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Sandy Wants to Go on a Trip in 10 Years

Question 127

Multiple Choice

Sandy wants to go on a trip in 10 years.If she invests $1,000 per year at the end of each year for 10 years at a 12% interest rate,she will accumulate ____ to spend on her trip.(Use time value table or financial calculator.)


A) $10,610
B) $12,130
C) $15,105
D) $16,710
E) $17,549

Correct Answer:

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