FIM302c_-_FA_2024_-_RE_3179.webp

Kizspy | Question: 16
(Choose 1 answer)
Marie is expected to receive $25,000 at the end of 7 years. If the interest rate is 10% per year, how much is it worth at the end of 10 years?
A. $82,750
B. $33,275
C. $48,718
D. $64,844