What amount of cash would result at the end of one year, if $15,000 is invested today

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What amount of cash would result at the end of one year, if $15,000 is invested today and the rate of return is 8%?

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$16,200
$13,889
$15,000
$1,200

Related Book For answer-question

Introduction to Accounting An Integrated Approach

ISBN: 978-0078136603

6th edition

Authors: Penne Ainsworth, Dan Deines

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Posted Date: Jan 16, 2022 11:39 PM

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What amount of cash would result at the end of one year, if $15,000 is invested today

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Introduction to Accounting An Integrated Approach

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