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What is the future value of $10,000 on deposit for 2 years at 6% simple interest? Multiple Choice $11,236 $10,600 $11,200 $13,382

What is the future value of $10,000 on deposit for 2 years at 6% simple interest?

Multiple Choice

  • $11,236
  • $10,600
  • $11,200
  • $13,382

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