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At the End of Each Year for Ten Years You

Question 43

Multiple Choice

At the end of each year for ten years you deposit $750 in an account that earns an annual rate of return of 12%.What is the present value of these deposits?


A) $4,329.39
B) $5,241.48
C) $3,161.55
D) $4,237.67
E) $4,482.63

Correct Answer:

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