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【Daily Question】Utilities - Civil Engineering - 20190520

2019-05-20View Original

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A certain organization plans to raise funds for expansion by withdrawing 1 million yuan from its annual profits over five consecutive years and depositing it in a bank with an annual interest rate of 12%, calculated on a compound basis. After five years, it will be able to raise ( ) million yuan. A、560 B、620 C、635.3 D、660 Answer: C

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