question archive With annual compounding at 8 percent for 47 years, what is the approximate future value of a $20,000 initial investment? * O a) $52,000 O b) $93,219 O c) $99,061 ) $ O d) $915,240 O e) None of the above
With annual compounding at 8 percent for 47 years, what is the approximate future value of a $20,000 initial investment? * O a) $52,000 O b) $93,219 O c) $99,061 ) $ O d) $915,240 O e) None of the above
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With annual compounding at 8 percent for 47 years, what is the approximate future value of a $20,000 initial investment? * O a) $52,000 O b) $93,219 O c) $99,061 ) $ O d) $915,240 O e) None of the above
