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    Principles of Managerial Finance
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    Exam 5: Time Value of Money
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    The Future Value of $200 Received Today and Deposited at 8
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The Future Value of $200 Received Today and Deposited at 8

Question 54

Question 54

Multiple Choice

The future value of $200 received today and deposited at 8 percent compounded semiannually for three years is ________.


A) $380
B) $158
C) $253
D) $252

Correct Answer:

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