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Time Value of Money Equations
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Time Value of Money Equations
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10. Time Value of Money / Time Value of Money Equations / Problem 8
Problem 8
What is the future value of \$800 invested today at an annual interest rate of 4% for 6 years?
A
\$1,010.00
B
\$1,010.56
C
\$1,000.00
D
\$1,050.00
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