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Determine the Final Value Of 1,800[1+1(1+.04)3.04⌋1,800\left[\frac{1+\frac{1}{(1+.04)^{3}}}{.04}\right\rfloor A) 45,00722
B) 85,004

Question 79

Multiple Choice

Determine the final value of 1,800[1+1(1+.04) 3.04⌋1,800\left[\frac{1+\frac{1}{(1+.04) ^{3}}}{.04}\right\rfloor


A) 45,007.22
B) 85,004.84
C) 102,075.67
D) 12,145.88
E) 16,826.67

Correct Answer:

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