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Business, 17.01.2020 19:31 lexiissmartberysmart

Which of the following is the correct way to compute the future value of $1 put into an account that earns 5 percent interest for 16 years? select one:
a. $1(1 + .05)^16b. $1(1 + .05 16) 16c. $1(1 + .05 16)d. $1(1 + 16/.05)^16

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