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If the interest rate is 6%, what is the future value of $100 in 5 years? Enter the following data into your calculator: N =

If the interest rate is 6%, what is the future value of $100 in 5 years? Enter the following data into your calculator: N = 5 I/YR = 6 PV = -100 PMT = 0 Solve for FV =

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