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To What Amount Will $10,000 Grow After 25 Years If

Question 22

Short Answer

To what amount will $10,000 grow after 25 years if it earns:
a. 9% compounded annually?
b. 9% compounded semiannually?
c. 9% compounded quarterly? d. 9% compounded monthly?

Correct Answer:

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a) $86,230.81
b) $90...

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