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    Managerial Finance Study Set 2
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    Exam 5: Time Value of Money
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    The Future Value of $100 Received Today and Deposited at 6
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The Future Value of $100 Received Today and Deposited at 6

Question 10

Question 10

Multiple Choice

The future value of $100 received today and deposited at 6 percent for four years is closest to ________.


A) $126
B) $79
C) $124
D) $116

Correct Answer:

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