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- 2011-7-11
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- 2013-9-26
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First off thanks for the feedback.
In the Schweser book of 2009, theres a Concept Checker that I got the right answer but don’t want to believe it’s right.
If $1,000 is invested today and $1,000 is invested at the beginning of each of the next three years at 12% interest (compounded annually), the amount an investor will have at the end of the fourth year will be closest to:
A. $4,779
B. $5,353
C. $6,792.
Did anyone else get an answer that is not any of the three. I’m going to let this post saturate for a day before posting my reason. The end of the fourth year might have been misinterpreted by me, but I want to hear your advice. |
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发表于 2013-4-1 12:27
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