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QUESTION 1 A deposit of 200 is made at time t = 0 and grows at a force of interest equal to 8% per year.

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QUESTION 1 A deposit of 200 is made at time t = 0 and grows at a force of interest equal to 8% per year. What is the value of the deposit at time t = 2 years? Give your answer as a decimal rounded to two places (i.e. X.XX)

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