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    Personal Finance Study Set 10
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    Exam 4: Time Value of Money
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    You Put Your $100 in a Savings Account and Earn
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You Put Your $100 in a Savings Account and Earn

Question 9

Question 9

True/False

You put your $100 in a savings account and earn 12% APR.At the end of one year,you earned $12.00 in interest.This is an example of simple interest.

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