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A company has $54,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years? (PV of $1. FV of $1. PVA of $1, and FVA of S1) (Use appropriate factor(s from the tables provided.) Multiple Choice O O O $66,960 $73,467 $68,175 $56,160 $68,326

A company has $54,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years? (PV of $1. FV of $1. PVA of $1, and FVA of S1) (Use appropriate factor(s from the tables provided.) Multiple Choice O O O $66,960 $73,467 $68,175 $56,160 $68,326

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A company has $54,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years? (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice О O O О $66,960 $73,467 $68,175 $56,160 $68,326
Transcribed Image Text:A company has $54,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years? (PV of $1. FV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice О O O О $66,960 $73,467 $68,175 $56,160 $68,326
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