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    Financial Management Concepts and Applications
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    Exam 7: Time Value of Money Basics and Applications
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    If You Were Able to Invest $2,500 at a Rate
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If You Were Able to Invest $2,500 at a Rate

Question 76

Question 76

Multiple Choice

If you were able to invest $2,500 at a rate of 6.40% for six months,how much money would you have at the end of that period?


A) $2,349.62
B) $2,423.65
C) $2,578.76
D) $2,660.00

Correct Answer:

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