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    Exam 2: Tools for Financial Planning - Applying Time Value Concepts
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    What Is the Future Value of $200 Received Today and Deposited
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What Is the Future Value of $200 Received Today and Deposited

Question 2

Question 2

Multiple Choice

What is the future value of $200 received today and deposited at eight percent compounded annually for three years ?


A) $252
B) $250
C) $248
D) $249

Correct Answer:

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