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  3. miriam invested $10,000 in a fund that pays 7% and

Miriam invested $10,000 in a fund that pays 7% and would like to know what...

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Question

Finance

Miriam invested $10,000 in a fund that pays 7% and would like to know what it will be worth in 25 years. The unknown quantity in this scenario is ____.

Group of answer choices

-a future value

-a present value

-the compounding period

-a future value and the compounding period

Answer & Explanation Solved by verified expert
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