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You Invested $10,000 Ten Years Ago

Question 13

Multiple Choice

You invested $10,000 ten years ago.During the first two years, you earned 9% per year and during the last eight years, you earned 12% per year.To the nearest dollar, how much is your investment worth today?


A) $25,937
B) $29,417
C) $37,014
D) $40,456
E) None of the above

Correct Answer:

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