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    Financial Management
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    Exam 3: The Time Value of Money Part 1
  5. Question
    $100 Invested at a Rate of 5% for 10 Years
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$100 Invested at a Rate of 5% for 10 Years

Question 32

Question 32

True/False

$100 invested at a rate of 5% for 10 years has the same future value as $100 invested at 10% compounded annually for 5 years.

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