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How much will the auto be worth ten years from now

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Question - You own a classic automobile that is currently valued at $39,500. If the value increases by 6 percent annually, how much will the auto be worth ten years from now?

A. $64,341.34

B. $44,734.42

C. $69,843.06

D. $70,738.48

E. $74,146.93

Reference no: EM133018321

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