kmctague4210 kmctague4210

25-01-2024
Mathematics

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Xiang invests $25,000 per year, starting today, for 20 years at an interest rate of 7%. What is the value of the investment at the end of the 20 years?
a. $1,096,629.42
b. $1,024,887.31
c. $283,389.88
d. $264,850.36

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