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Assuming an Interest Rate of 5%, If You Invest a Lump

Question 118

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Assuming an interest rate of 5%, if you invest a lump sum of $6000 now, the balance of your investment in 7 years will be closest to: Future Value of $1
Assuming an interest rate of 5%, if you invest a lump sum of $6000 now, the balance of your investment in 7 years will be closest to: Future Value of $1 Future Value of Annuity of $1 A) $42,000. B) $9774. C) $34,716. D) $8442. Future Value of Annuity of $1
Assuming an interest rate of 5%, if you invest a lump sum of $6000 now, the balance of your investment in 7 years will be closest to: Future Value of $1 Future Value of Annuity of $1 A) $42,000. B) $9774. C) $34,716. D) $8442.


A) $42,000.
B) $9774.
C) $34,716.
D) $8442.

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