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Question 19 1 pts You invest 1,000 today. If you can earn a 6% return on your investment, what will your balance be in 10 yea
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Answer #1

Future value = Present value * (1 + R)t

Future Value = $1,000 * (1 + 0.06)10

Future Value = $1,000 * (1.06)10

Future value = $1,000 * 1.79084769651

Future Value = $1,790.85

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