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Betty,who Just Turned 17 Today,receives an Inheritance of $A

Question 6

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Betty,who just turned 17 today,receives an inheritance of $A.She will receive $5000 every 6 months for 10 years,starting the day she turns 25.If j2 = 8%,what is A?


A) $67,951.50
B) $37,731.06
C) $36,712.08
D) $36,279.86

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