MCQOPTIONS
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| 1. |
If an investment can earn 4% compounded monthly, what amount must you invest now in order to accumulate $10,000 after 3 years? |
| A. | 8695.61 |
| B. | 6786 |
| C. | 3478 |
| D. | 4092 |
| Answer» B. 6786 | |