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Using the Practical Method,what Is the Accumulated Value of $20,000

Question 50

Multiple Choice

Using the practical method,what is the accumulated value of $20,000 over 7 years and 10 months if the investment earns interest at j2 = 10%?


A) $42,898.52
B) $42,953.22
C) $42,964.52
D) $44,350.47

Correct Answer:

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