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Use the Following 8% Interest Factors for Questions

Question 86

Multiple Choice

Use the following 8% interest factors for questions . Use the following 8% interest factors for questions .   -If $10,000 is deposited annually starting on January 1, 2015 and it earns 8%, what will the balance be on December 31, 2022? A) $89,228 B) $96,366 C) $106,366 D) $114,876
-If $10,000 is deposited annually starting on January 1, 2015 and it earns 8%, what will the balance be on December 31, 2022?


A) $89,228
B) $96,366
C) $106,366
D) $114,876

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