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An Investment Is Worth $1000\$ 1000 , and Its Value Is Increasing By

Question 25

Multiple Choice

An investment is worth $1000\$ 1000 , and its value is increasing by 9%9 \% every year. What will its value be at the end of 9 years? Round your answer to the nearest dollar.


A) $2367\$ 2367
B) $2172\$ 2172
C) $1810\$ 1810
D) \$1993

Correct Answer:

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