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Kstearns9677 Kstearns9677
  • 29-05-2024
  • Business
Answered

If the current rate of interest is 5%, then the future value (FV) of an investment that pays $1.100 per year and lasts 23 years is closest to;
A. 345.574
B. $
63.804
C. $54,689
D. $
27,344

Verified Answer :

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