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Which One of the Following Formulae Shows the Value of £100

Question 14

Multiple Choice

Which one of the following formulae shows the value of £100 invested now at a rate of 10% for 2 years?


A) £100 x (1 + i) 2
B) Which one of the following formulae shows the value of £100 invested now at a rate of 10% for 2 years? A) £100 x (1 + i) <sup>2</sup> B) C) £100 x (1 - i) <sup>2</sup> D)
C) £100 x (1 - i) 2
D) Which one of the following formulae shows the value of £100 invested now at a rate of 10% for 2 years? A) £100 x (1 + i) <sup>2</sup> B) C) £100 x (1 - i) <sup>2</sup> D)

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