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    Exam 4: Time Value of Money 1: Analyzing Single Cash Flows
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    One Year Future Value What Is the Future Value of $700
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One Year Future Value What Is the Future Value of $700

Question 28

Question 28

Multiple Choice

One Year Future Value What is the future value of $700 deposited for one year earning 4% interest rate annually?


A) $28
B) $700
C) $728
D) $1428

Correct Answer:

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