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If the interest rate is 5%, in one period the future value of $1 today is: A) 20 cents B) 95 cents C) $1.20 D)
If the interest rate is 5%, in one period the future value of $1 today is:
A) 20 cents
B) 95 cents
C) $1.20
D) $1.05
E) 5 cents
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
7th edition
978-1259675539, 125967553X, 978-1259594168, 1259594165, 78025796, 978-0078025792
