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What is the future value of $124.40 after earning simple interest for five years at an annual rate of 10%? A. $175 B. $162.25 C.

What is the future value of $124.40 after earning simple interest for five years at an annual rate of 10%?

A. $175

B. $162.25

C. $200.49

D. $186.74

E. $136.94

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