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4. What is the future value of 100 after 3 years if interest rate is 4% every year? ( 2 marks) A. 110 B. 112.48

4. What is the future value of 100 after 3 years if interest rate is 4% every year? ( 2 marks) A. 110 B. 112.48 C. 115.67 D. 300 5. Bond financing reflects ownership in a company. (1 mark) A. True B. False

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