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What is the future value of $100 to be deposited today into an account paying 8%, compounded semiannually for 2 years? Multiple Choice $85.48 $116.00

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What is the future value of $100 to be deposited today into an account paying 8%, compounded semiannually for 2 years? Multiple Choice $85.48 $116.00 $116.99 $100.00

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