Multiple Choice: 1.If $1,000 was deposited today at a rate of 15%, its future value in one
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Question:
Multiple Choice:
1.If $1,000 was deposited today at a rate of 15%, its future value in one year would be
A. $1,000.
B. $1,150.
C.$1,500.
D. $850.
Expert Answer:
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