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Aptitude
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Verbal Reasoning
Computer Science
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Compound Interest
Two payments of $10,000 each must be made one year and four years from now. If money can earn 9% compounded monthly, what single payment two years from now would be equivalent to the two scheduled payments?
17296
13296
19296
15296
Show Answer
Correct Answer:
19296
Explanation:
i=j/m
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