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Consider the Following Timeline: If the Current Market Rate

Question 49

Multiple Choice

Consider the following timeline: Consider the following timeline: If the current market rate of interest is 10%,then the future value at time 3 on this timeline is closest to: A) $666 B) $500 C) $605 D) $650 If the current market rate of interest is 10%,then the future value at time 3 on this timeline is closest to:


A) $666
B) $500
C) $605
D) $650

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