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    Financial Management Principles and Applications Study Set 2
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    Exam 5: Time Value of Money-The Basics
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    What Will the Dollar Amount Be in Four Years, Assuming
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What Will the Dollar Amount Be in Four Years, Assuming

Question 29

Question 29

Multiple Choice

What will the dollar amount be in four years, assuming that interest is paid annually?


A) $2,800
B) $3,100
C) $3,111
D) $3,148

Correct Answer:

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