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Use This Information to Answer the Following Question If $100 Is Invested,how Much Will It Grow to at |

Question 99

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Use this information to answer the following question.  Periods  Present Value of $1 at 7 Percent  Present Value of Ordinary Annuty of $1 at 7 Percent 10.9350.93520.8731.80830.8162.624\begin{array} { | c | c | c | } \hline \text { Periods } & \text { Present Value of } \$ 1 \text { at } 7 \text { Percent } & \text { Present Value of Ordinary Annuty of } \\&& \$ 1 \text { at } 7 \text { Percent } \\1 & 0.935 & 0.935\\\hline 2 & 0.873 & 1.808\\\hline 3 & 0.816 & 2.624 \\\hline\end{array} If $100 is invested,how much will it grow to at the end of the three years?


A) $100 ×\times .935 ×\times 3
B) $100 ÷ .816
C) ($100 ÷ 2.624) ×\times 3
D) $100 ×\times 2.624

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