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    Exam 4: The Time Value of Money
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    Consider the Following Timeline: If the Current Market Rate
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Consider the Following Timeline: If the Current Market Rate

Question 69

Question 69

Multiple Choice

Consider the following timeline: Consider the following timeline:   If the current market rate of interest is 7%,then the future value of this timeline as of year 3 is closest to: A)  $2,100 B)  $2,013 C)  $1,720 D)  $1,893 If the current market rate of interest is 7%,then the future value of this timeline as of year 3 is closest to:


A) $2,100
B) $2,013
C) $1,720
D) $1,893

Correct Answer:

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