Question: Calculate the future value given: Present value = $100, Interest rate = 5% (annual), Number of years = 7 (assume annual compounding). A. 105.00 B
Calculate the future value given: Present value = $100, Interest rate = 5% (annual), Number of years = 7 (assume annual compounding).
A. 105.00
B 140.71
C. 814.20
D. 102.95
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