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You Invest $1500 Today and Another $2000 18-Months from Today

Question 80

Multiple Choice

You invest $1500 today and another $2000 18-months from today in a fund earning j4 = 8% for the first 18 months followed by j2 = 6% thereafter.How much do you have at the end of 4 years?


A) $4007.79
B) $4274.59
C) $4276.84
D) $4377.73

Correct Answer:

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