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  3. Study Set
    Fundamental Accounting Principles Study Set 1
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    Exam 26: Present and Future Values in Accounting
  5. Question
    A Company Has $46,000 Today to Invest in a Fund
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A Company Has $46,000 Today to Invest in a Fund

Question 27

Question 27

Short Answer

A company has $46,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years?

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