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    Exam 13: Time Value of Money
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    How Much Will $5,000 Invested at the End of Each
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How Much Will $5,000 Invested at the End of Each

Question 50

Question 50

Multiple Choice

How much will $5,000 invested at the end of each year grow to in six years,assuming an interest rate of 7% compounded annually?


A) $35,766.
B) $26,813.
C) $23,833.
D) $7,504.

Correct Answer:

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