Multiple Choice
What is the future value in two years of $100 saved today and the present value of a promise of $100 to be paid two years from today if the interest rate is 10%?
A) $121.00, about $82.65
B) $121.00, $80.00
C) $120.00, about $82.65
D) $120,00, $80.00
Correct Answer:
Verified
Correct Answer:
Verified
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