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Q33.webp

Question: 33
(Choose 1 answer)
You are interested in investing $15,000, a gift from your grandparents, for the next four years in a mutual fund that
will earn an annual return of 8 percent. What will your investment be worth at the end of four years? (Round to the
nearest dollar.)
A. $18,816
B. $20,407
C. $20,221
D. $18,089

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