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If you invest $3,000 today, $5,000 one year from now, and $3,000 two years from now, approximately how much money

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If you invest $3,000 today, $5,000 one year from now, and $3,000 two years from now, approximately how much money will you have at the end of the third year if you invest in a fund paying 7%?

a. $11,770.24

b. $12,609.63

c. $13,187.79

d. $14,274.50

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Related Book For  answer-question
Principles Of Finance

Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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Question Details
Chapter # 9
Section: Multiple Choice Questions
Problem: 2
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Question Posted: June 23, 2022 01:24:54
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