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    Exam 2: The Time Value of Money: All Dollars Are Not Created Equal
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    The Future Value of a $500 Annuity Due Received for Three
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The Future Value of a $500 Annuity Due Received for Three

Question 25

Question 25

Multiple Choice

The future value of a $500 annuity due received for three years is $________,assuming an investment rate of 10%.


A) 1,655.00
B) 665.50
C) 1,820.50
D) 335.65

Correct Answer:

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