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    Exam 4: Time value of money
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    Ellen Now Has $125
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Ellen Now Has $125

Question 109

Question 109

Multiple Choice

Ellen now has $125.How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?


A) $205.83
B) $216.67
C) $228.07
D) $240.08
E) $252.08

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