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    Exam 4: Future Value, Present Value and Interest Rates
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    A Monthly Growth Rate of 0
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A Monthly Growth Rate of 0

Question 14

Question 14

Multiple Choice

A monthly growth rate of 0.5% is an annual growth rate of:


A) 6.00%
B) 5.00%
C) 6.17%
D) 6.50%

Correct Answer:

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