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(1) The future value of $200 received today and deposited at 8 percent for three years is ________. A) $248 B) $252 C) $158 D)

(1) The future value of $200 received today and deposited at 8 percent for three years is ________.

A) $248

B) $252

C) $158

D) $200

2) The present value of $200 to be received 10 years from today, assuming an opportunity cost of 10 percent, is ________.

A) $ 50

B) $200

C) $518

D) $ 77

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