FIN202_-_SU_2024_-_RE_2467.webp
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FIN202_-_SU_2024_-_RE_2467.webp

Kizspy | Question: 40 (Choose 1 answer)
Kevin Robertson would like to buy a condo in Florida in six years. He is looking to invest $75,000 today in a stock that is expected to earn a return of 18.3 percent annually. How much will he have at the end of six years?(Round to the nearest dollar.)
A. $205,575
B. $157,350
C. $184,681
D. $273,620

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