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    Exam 3: Applying Time Value Concepts
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    If You Invest $12,000 Today at an Interest Rate of 10
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If You Invest $12,000 Today at an Interest Rate of 10

Question 104

Question 104

Multiple Choice

If you invest $12,000 today at an interest rate of 10%, how much will you have in 10 years?


A) $31,128
B) $25,940
C) $13,860
D) $40,712

Correct Answer:

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