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Suppose you invest $10,000 at the end of every year for the next 10 years.

Suppose you invest $10,000 at the end of every year for the next 10 years. Given a rate of 6% per year, what will be the total value of your investment (a total of 10 yearly investments) 10 years from now?

$73,600.87

$131,807.95

$106,000.00

$179,084.77

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1 comment
  • calculated by Formula = PMT *(1+rate)^n-1 / rate * (1+rate)
    • rranjan1
    • May 09, 2018 at 10:24pm

The correct option is (B)... View the full answer

Future Value: The future value is the money which is received by the investors in the future at... View the full answer

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