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If $100 Is Invested at 6%,which Calculation Will Provide the Answer

Question 22

Multiple Choice

If $100 is invested at 6%,which calculation will provide the answer to how much will it grow to at the end of three years?


A) $100 x 2.6730
B) $100 / 0.8396
C) $100 x 0.9434 x 3
D) $100 / 2.6730) x 3

Correct Answer:

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