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Suppose you plan to deposit $100 today in an account and $300 in 2 years. How much will be in the account in five years
Suppose you plan to deposit $100 today in an account and $300 in 2 years. How much will be in the account in five years if the interest rate is 8 percent?
| a. | $512.00 | |
| b. | $524.85 | |
| c. | $530.06 | |
| d. | $520.25 | |
| e. | $560.00 |
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Mathematical Finance Core Theory Problems And Statistical Algorithms
Authors: Nikolai Dokuchaev
1st Edition
0415414482, 978-0415414487
