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    Exam 19: Compound Interest and Present Value
  5. Question
    $6,000 for Six Years at 8½% Compounded Daily Will Grow
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$6,000 for Six Years at 8½% Compounded Daily Will Grow

Question 53

Question 53

Multiple Choice

$6,000 for six years at 8½% compounded daily will grow to:


A) $8,991.02
B) $8,950.10
C) $9,991.35
D) $9,990.02
E) None of these

Correct Answer:

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