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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 $100 Received Today and Deposited in an Account
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The Future Value of $100 Received Today and Deposited in an Account

Question 110

Question 110

Multiple Choice

The future value of $100 received today and deposited in an account for four years paying semiannual interest of 6 percent is


A) $450.
B) $126.
C) $889.
D) $134.

Correct Answer:

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