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    Exam 12: Compound Interest and Present Value
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    $100,000 for 20 Years Compounded at 4% Annually Results in a Rate
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$100,000 for 20 Years Compounded at 4% Annually Results in a Rate

Question 88

Question 88

Multiple Choice

$100,000 for 20 years compounded at 4% annually results in a rate per period of:


A) 3%
B) 5%
C) 4%
D) 1%
E) None of these

Correct Answer:

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