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    Financial Accounting Study Set 5
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    Exam 9: Current Liabilities and Fair Value Accounting
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    Use This Information to Answer the Following Question
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Use This Information to Answer the Following Question

Question 183

Question 183

Multiple Choice

Use this information to answer the following question. Use this information to answer the following question.   What amount must be deposited today at a 12% interest rate to grow to $900 in three years? A)  $662.00 B)  $734.40 C)  $342.98 D)  $841.50 What amount must be deposited today at a 12% interest rate to grow to $900 in three years?


A) $662.00
B) $734.40
C) $342.98
D) $841.50

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