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annual compounding, management homework help
Dr. Lanica now has $500. How much would he have after 6 years if he leaves it invested at 6.0% with annual compounding?
| A. |
$695.98 |
|
| B. |
$744.88 |
|
| C. |
$737.66 |
|
| D. |
$709.26 |
|
| E. |
$780.38 |
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