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Which comes closest to the future value of $ 675 to be received at the end of 7 years, if the amount earns an annual
Which comes closest to the future value of $675 to be received at the end of 7 years, if the amount earns an annual interest rate of 6% and is compounded 4 times per year?
| $448.91 | ||
| $444.89 | ||
| $715.50 | ||
| $1024.12 | ||
| $1014.95 |
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
