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What will be the value of this investment

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Reference no: EM132991276

Question - If $42,200 is invested at the end of each year, for 25 years, at a rate of 5% a year, what will be the value of this investment at the end of 25 years?

A. $2,014,084

B. $1,234,412

C. $1,625,345

D. $1,912,823

Reference no: EM132991276

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