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Sydney Saved $10,000 During Her First Year of Work After

Question 37

Multiple Choice

Sydney saved $10,000 during her first year of work after college and plans to invest it for her retirement in 40 years. How much will she have available for retirement if she can make 8% on her investment?


A) $596,250
B) $2,953,000
C) $1,345,100
D) $469,020

Correct Answer:

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