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    Exam 4: Future Value, Present Value and Interest Rates
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    The Value of $100 Left in a Certificate of Deposit
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The Value of $100 Left in a Certificate of Deposit

Question 59

Question 59

Multiple Choice

The value of $100 left in a certificate of deposit for four years that earns 4.5% annually will be:


A) $120.00
B) $119.25
C) $117.00
D) $145.00

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