An individual invests $12,000 at a rate of 4% per annum.What will be its value in 9 years' time?
A)$15,000
B)$15,853
C)$16,289
D)$18,000
E)$17,080

Name: An individual invests $12,000 at a rate of 4% per annum.What will be its value in 9 years' time? A)$15,000 B)$15,853 C)$16,289 D)$18,000 E)$17,080
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The Answer of An individual invests $12,000 at a rate of 4% per annum.What will be its value in 9 years' time?
A)$15,000
B)$15,853
C)$16,289
D)$18,000
E)$17,080

An Individual Invests $12,000 at a Rate of 4% Per