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  • 23-05-2024
  • Business
Answered

You are considering an investment that will pay $5,200 in 6 years, with an interest rate of 4.5%. If you invest $4,100 now, what is the future value of this investment?
a) $5,200
b) $7,018.95
c) $6,453.00
d) $7,800.00

Verified Answer :

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