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    Exam 14: Differential Analysis, Profitability Analysis and Capital Budgeting
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    What Amount Must Be Deposited Today at 8% P
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What Amount Must Be Deposited Today at 8% P

Question 29

Question 29

Multiple Choice

What amount must be deposited today at 8% p.a. to grow to $1200 in three years?


A) $400.00
B) $947.28
C) $952.56
D) $981.22

Correct Answer:

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