You are scheduled to receive $38,000 in two years. When you receive it, you will...
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Accounting
| You are scheduled to receive $38,000 in two years. When you receive it, you will invest it for 6 more years at 4.5 percent per year. How much will you have in 8 years? |
Multiple Choice
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$41,477.54
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$54,039.82
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$47,011.59
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$49,485.88
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$51,960.18
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