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Sidana [21]
3 years ago
14

A​ $100 deposit today that earns an annual interest rate of​ 10% is worth how much at the end of two​ years? assume all interest

received at the end of the first year is reinvested the second year.
a. ​$121
Business
1 answer:
Alexxx [7]3 years ago
6 0
Fv=100×(1+0.1)^(2)=121
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