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At the End of a 5- Year Period,the Difference Between

Question 7

Multiple Choice

At the end of a 5- year period,the difference between the future value of $200 invested at 8% p.a.simple interest and $200 invested at 8% p.a.compounded annually interest will be _______________


A) $13.87
B) $22.10
C) $56.05
D) $213.87

Correct Answer:

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