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    Exam 1: Tools for Financial Planning - Applying Time Value Concepts
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    Approximately How Much Would You Need to Invest Today,to Receive
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Approximately How Much Would You Need to Invest Today,to Receive

Question 24

Question 24

Multiple Choice

Approximately how much would you need to invest today,to receive $200 in ten years,if you received an annual interest rate of ten percent?


A) $65
B) $77
C) $87
D) $97

Correct Answer:

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