What Is the Future Value of $25 a Week for 40

question 38

Multiple Choice

What is the future value of $25 a week for 40 years at 8.5 percent interest? Assume the first payment occurs at the end of this week.

• A)$441,710.03
• B)$414,361.08
• C)$469,727.15
• D)$350,003.14
• E)$335,221.18

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