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How Much Would Roderick Have After 6 Years If He

Question 121

Multiple Choice

How much would Roderick have after 6 years if he has $500 now and leaves it invested at 5.5% with annual compounding?


A) $591.09
B) $622.20
C) $654.95
D) $689.42
E) $723.89

Correct Answer:

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