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    Exam 3: Understanding and Appreciating the Time Value of Money
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    Suppose the Annual Rate of Return Is 15 Percent
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Suppose the Annual Rate of Return Is 15 Percent

Question 102

Question 102

Multiple Choice

Suppose the annual rate of return is 15 percent.At this rate,when will Enrique reach the $500,000 mark?


A) Age 45
B) Age 58
C) Age 65
D) Age 70

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