Your Grandmother Invested One Lump Sum 17 Years Ago at 4.25

question 248

Multiple Choice

Your grandmother invested one lump sum 17 years ago at 4.25% interest. Today, she gave you the proceeds of that investment which totaled $5,539.92. How much did your grandmother originally
Invest?

• A) $2,700.00
• B) $2,730.30
• C) $2,750.00
• D) $2,768.40
• E) $2,774.90

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