Question: Solve the problem. Round to the nearest cent. If $102,000 is invested at the rate of 6%, compounded annually, what will be the value of
Solve the problem. Round to the nearest cent. If $102,000 is invested at the rate of 6%, compounded annually, what will be the value of the investment 7 years from now, assuming no withdrawals? Select one: O . $162.572,50 b. $153,370.29 O c. $144,688.95 O d. $125 447.13
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