Question

The future equivalent of $10,000 invested at 6%, compounded monthly for 10 years is closest to......

The future equivalent of $10,000 invested at 6%, compounded monthly for 10 years is closest to...

a) $18,194

b) $19,233

c) $17,304

d) $10,512

e) $10,616

f) $17,908

g) $18,999

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Answer #1

option a

$18,194

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