What Is the Future Value (FV)of $60,000 in Five Years,assuming

question 38

Multiple Choice

What is the future value (FV) of $60,000 in five years,assuming the interest rate is 5% per year?

• A)$62,500.00
• B)$72,674.86
• C)$75,000.00
• D)$76,576.89

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