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  3. Study Set
    Financial Accounting Information for Decisions
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    Exam 14: Applying Present and Future Values
  5. Question
    Sandra Has a Savings Account That Is Now $50,000
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Sandra Has a Savings Account That Is Now $50,000

Question 8

Question 8

True/False

Sandra has a savings account that is now $50,000.She started with $28,225 and earned interest at 10% compounded annually.It took five years to accumulate the $50,000.

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