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    What Is the Future Value of $200 Invested Today for the Next
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What Is the Future Value of $200 Invested Today for the Next

Question 1

Question 1

Multiple Choice

What is the future value of $200 invested today for the next 3 years if the interest rate is 1 percent?


A) $200
B) $216.06
C) $206.06
D) $212.06
E) None of the above.

Correct Answer:

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