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    Exam 1: Tools for Financial Planning - Applying Time Value Concepts
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    The Future Value of $676 Deposited at 5
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The Future Value of $676 Deposited at 5

Question 63

Question 63

Multiple Choice

The future value of $676 deposited at 5.85 percent compounded annually for five years is closest to


A) $845.
B) $962.
C) $907.
D) $898.

Correct Answer:

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