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Suzette Is Receiving $10,000 Today,$15,000 One Year from Today,and $25,000

Question 42

Multiple Choice

Suzette is receiving $10,000 today,$15,000 one year from today,and $25,000 four years from today.If she invests these funds immediately and earns 9.6 percent annually,how much will she have in savings 30 years from today?


A) $586,124.93
B) $591,414.14
C) $646,072.91
D) $620,008.77
E) $641,547.39

Correct Answer:

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