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19-12-2022
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38 How long will it take an investment... How long will it take an investment of $25,000 at 6% compounded annually to accumulate to a total of $35,462.50? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Cholce a. 4 years b. 5 years c. 6 years d. 2 years e. 10 years

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