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    Exam 8: The Basic Tools of Finance
  5. Question
    Calculate the Future Value of R800 One Year from Today
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Calculate the Future Value of R800 One Year from Today

Question 29

Question 29

Essay

Calculate the future value of R800 one year from today if the interest rate is
a) 3%
b) 5%
c) 7%.

Correct Answer:

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a) R824
b...

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