Present Value of 1 Future Value of 1

question 15

Multiple Choice

Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 How long will it take an investment of $25,000 at 6% compounded annually to accumulate to a total of $35,462.50?

• A)4 years
• B)5 years
• C)6 years
• D)2 years
• E)10 years

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