Multiple Choice
The future value of $100 that earns 10% annually for n years is best expressed by which of the following?
A) $100(0.1) ⁿ
B) $100 × n × (1.1)
C) $100(1.1) ⁿ
D) $100/(1.1) ⁿ
Correct Answer:
Verified
Correct Answer:
Verified
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