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In the Equation Below,the Exponent "3" Represents $133

Question 132

Multiple Choice

In the equation below,the exponent "3" represents $133.10 = $100 ´ (1 + .1) 3


A) the future value of an investment.
B) the present value of an investment.
C) the annual rate of interest paid.
D) the number of periods that the present value is left on deposit.

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