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Brittany Wants to Have About $500,000 When She Retires in 10

Question 226

Multiple Choice

Brittany wants to have about $500,000 when she retires in 10 years. She has $200,000 to deposit now. At which of the following interest rates would her deposit come closest to $500,000 after 10 years?


A) 9.6 percent
B) 9.8 percent
C) 10 percent
D) 10.2 percent

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