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    Exam 3: Time Value of Money - Introduction
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    What Is the Future Value of $124
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What Is the Future Value of $124

Question 80

Question 80

Multiple Choice

What is the future value of $124.49 after earning simple interest for five years at an annual rate of 10%?


A) $162.25
B) $186.74
C) $200.49
D) $136.94
E) $175.00

Correct Answer:

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