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You Have Established an Annuity Plan That Will Accumulate to $50,000

Question 6

Multiple Choice

You have established an annuity plan that will accumulate to $50,000 in 10 years by investing $100 a month. If you instead invest $200 a month, what would your annuity accumulate?


A) more than $160,000
B) $150,000
C) $100,000
D) less than $90,000

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