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    Fundamentals of Corporate Finance Study Set 14
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    Exam 3: Time Value of Money: an Introduction
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    If Money Is Invested at 8% Per Year, After Approximately
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If Money Is Invested at 8% Per Year, After Approximately

Question 14

Question 14

Multiple Choice

If money is invested at 8% per year, after approximately how many years will the interest earned be equal to the original investment?


A) 7 years
B) 8 years
C) 9 years
D) 11 years

Correct Answer:

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