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What is the future value of $10,000 on deposit for 2 years at 6% simple interest? Multiple Choice $10,600 $11,236 $11,200 $13,382.26

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

Multiple Choice

  • $10,600

  • $11,236

  • $11,200

  • $13,382.26

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