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The Future Value of $50,000 Invested Today, at the End

Question 20

Multiple Choice

The future value of $50,000 invested today, at the end of 10 years assuming an interest rate of 7.5 percent per year, with semiannual compounding, is


A) $104,407.60.
B) $103,051.58.
C) $123,510.52.
D) $210,673.43.
E) $105,117.46.

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