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    Exam 4: Time Value of Money 1: Analyzing Single Cash Flows
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    What Is the Future Value of $600 Deposited for 4
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What Is the Future Value of $600 Deposited for 4

Question 122

Question 122

Multiple Choice

What is the future value of $600 deposited for 4 years earning an 11 percent interest rate annually?


A) $792.90
B) $803.61
C) $899.23
D) $910.84

Correct Answer:

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