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Which of the Following Investments Will Have the Highest Future

Question 119

Multiple Choice

Which of the following investments will have the highest future value?


A) $1,300 invested at an annual interest rate of 10% for 5 years
B) $1,000 invested at an quarterly interest rate of 2.25% for 10 years
C) $1,300 invested at an quarterly interest rate of 2.25% for 5 years
D) $1,000 invested at an annual interest rate of 10% for 10 years

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