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Reading 5: The Time Value of Money- LOS d, (Part 2)~ Q9

Q9. If $2,000 a year is invested at the end of each of the next 45 years in a retirement account yielding 8.5%, how much will an investor have at retirement 45 years from today?

A)   $901,060.

B)   $100,135.

C)   $90,106.

d

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