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    What Is the Future Value in Year Twelve of an Ordinary
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What Is the Future Value in Year Twelve of an Ordinary

Question 52

Question 52

Multiple Choice

What is the future value in year twelve of an ordinary annuity cash flow of $6,000 per year at an interest rate of 4.00% per year?


A) $90,154.83
B) $93,761.02
C) $28,675.97
D) $32,117.08

Correct Answer:

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