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    What Is the Future Value of a Three-Year, $3,000 Deposit
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What Is the Future Value of a Three-Year, $3,000 Deposit

Question 216

Question 216

Multiple Choice

What is the future value of a three-year, $3,000 deposit at 6 percent interest, when interest is compounded continuously?


A) $3,045.00
B) $3,540.00
C) $3,573.05
D) $3,591.65

Correct Answer:

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