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  3. Study Set
    Principles of Managerial Finance
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    Exam 5: Time Value of Money
  5. Question
    Calculate the Future Value of $4,600 Received Today If It
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Calculate the Future Value of $4,600 Received Today If It

Question 20

Question 20

Essay

Calculate the future value of $4,600 received today if it is deposited at 9 percent for three years.

Correct Answer:

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FV = PV (1...

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