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A One-Time Investment of $1,500 at a 10 Percent Annual

Question 19

Multiple Choice

A one-time investment of $1,500 at a 10 percent annual rate of return yields $2,196 in two years.The $2,196 is known as the

A) present value.
B) compound value.
C) principal plus interest.
D) future value.
E) annuity value

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