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    Exam 5: Time Value of Money
  5. Question
    What Is the Future Value of $1,500 Invested at a 5
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What Is the Future Value of $1,500 Invested at a 5

Question 15

Question 15

Multiple Choice

What is the future value of $1,500 invested at a 5% rate for 7 years?


A) $2,103.83
B) $1,066.02
C) $12,213.01
D) $2,110.65

Correct Answer:

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