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

Question 9

Question 9

Multiple Choice

An investment grows from $100.00 to $150.00 or 50% over five years. What annual increase gives a 50% increase over five years?


A) 12.00%
B) 10.00%
C) 9.25%
D) 8.45%

Correct Answer:

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