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    $10,000 Is Put in a Investment Account Today
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$10,000 Is Put in a Investment Account Today

Question 110

Question 110

Multiple Choice

$10,000 is put in a investment account today.The investment account compounds interest at a rate of 1% per month.What amount will be available five years from today?


A) $10,510
B) $16,000
C) $17,623
D) $18,167

Correct Answer:

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