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What amount of cash would result at the end of one year, if $19,000 is...

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Accounting

What amount of cash would result at the end of one year, if $19,000 is invested today and the rate of return is 10%? (PV of $1 and PVA of $1)

Note: Use appropriate factor(s) from the tables provided.

Multiple Choice

$20,900

$19,000

$20,710

$17,100

Answer & Explanation Solved by verified expert
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