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    Exam 1: Tools for Financial Planning - Applying Time Value Concepts
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    The Future Value of $810 Deposited Today at 7
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The Future Value of $810 Deposited Today at 7

Question 25

Question 25

Multiple Choice

The future value of $810 deposited today at 7.71 percent compounded annually for four years is closest to


A) $1620.
B) $1090.
C) $1060.
D) $1066.

Correct Answer:

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