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You want to make a one-time deposit today that will increase in value to $100 at the end of this year. Which rate of interest
You want to make a one-time deposit today that will increase in value to $100 at the end of this year. Which rate of interest will allow you to deposit the least amount today to reach this goal?
- A. 3.8%
- B. 2.6%
- C. 2.9%
- D. 3.6%
- E. 3.4%
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