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Use the Following Timeline to Answer the Question(s)below

Question 61

Multiple Choice

Use the following timeline to answer the question(s) below. Use the following timeline to answer the question(s) below. -At an annual interest rate of 7%,the future value of the cash flows in this timeline in year 2 is closest to: A) $3080. B) $3525. C) $3771. D) $4035.
-At an annual interest rate of 7%,the future value of the cash flows in this timeline in year 2 is closest to:


A) $3080.
B) $3525.
C) $3771.
D) $4035.

Correct Answer:

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