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    Fundamentals of Financial Management
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    Exam 5: Time Value of Money
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    Janice Has $5,000 Invested in a Bank That Pays 3
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Janice Has $5,000 Invested in a Bank That Pays 3

Question 126

Question 126

Multiple Choice

Janice has $5,000 invested in a bank that pays 3.8% annually.How long will it take for her funds to triple?


A) 23.99
B) 25.26
C) 26.58
D) 27.98
E) 29.46

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