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    Exam 4: Future Value, Present Value and Interest Rates
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    An Investment Has Grown from $100
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An Investment Has Grown from $100

Question 6

Question 6

Multiple Choice

An investment has grown from $100.00 to $130.00 or by 30% over four years. What annual increase gives a 30% increase over four years?


A) 7.50%
B) 6.30%
C) 6.78%
D) 7.24%

Correct Answer:

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