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If Beth Make an Initial Investment of $1,000,how Much Will

Question 4

Multiple Choice

If Beth make an initial investment of $1,000,how much will it be worth after three years if her average return is 8.25% (use monthly compounding) ?


A) $1,268.48
B) $17,354.20
C) $1,279.74
D) $1,020.77

Correct Answer:

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