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Which comes closest to the future value of $ 350 to be received at the end of 6 years, if the amount earns an annual
Which comes closest to the future value of $350 to be received at the end of 6 years, if the amount earns an annual interest rate of 4% and is compounded 52 times per year?
| a | $275.35 | |
| b | $276.61 | |
| c | $442.86 | |
| d | $364.00 | |
| e | $444.90 |
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
11th Edition
1259277178, 978-1259277177
