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    Exam 15: Interest Rates and the Capital Market
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    How Much Would You Have to Deposit Today in a Bank
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How Much Would You Have to Deposit Today in a Bank

Question 96

Question 96

Multiple Choice

How much would you have to deposit today in a bank account paying 8% annual interest to allow you to withdraw $200,5 years from now?


A) $136.12
B) $142.57
C) $184.17
D) $185.19
E) $293.80

Correct Answer:

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