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    Exam 11: Time and Uncertainty
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    Which of the Following Is Closest to the Future Value
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Which of the Following Is Closest to the Future Value

Question 8

Question 8

Multiple Choice

Which of the following is closest to the future value of a $4,000 deposit earning 2 percent interest annually after 10 years?


A) $4,122
B) $4,876
C) $5,025
D) $4,805

Correct Answer:

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