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    Finance Applications and Theory
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    Exam 4: Time Value of Money 1: Analyzing Single Cash Flows
  5. Question
    What Is the Future Value of $2000 Deposited for One
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What Is the Future Value of $2000 Deposited for One

Question 6

Question 6

Multiple Choice

What is the future value of $2000 deposited for one year earning 6% interest rate annually?


A) $120
B) $2000
C) $2120
D) $4120

Correct Answer:

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