Solved

You Have $50 000 Now to Invest

Question 34

Multiple Choice

You have $50 000 now to invest.If you can earn 10% per annum on your deposit,and can invest for 5 years,what will be the future value of your deposit (to the nearest dollar) at the end of the investment period?


A) $150 493
B) $80 526
C) $99 456
D) $85 025
E) $100 013

Correct Answer:

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