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Question $5$

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Vick invests $$50,000$ today and withes to know how much this money will grow in $3$ years if she earns $10\%$ interest every year.

Which common type of TVM concept does Vickd want to know?

The present value of a lump sum invested todsy

The payment schedule to be followed through the tenure

The future value of a lump sum invested todsy

The future value of an annuity

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$1\mathrm{.}2$ Basics

$1215$

$1220$

b

$1231$

$12\mathrm{.}4$ Ti

$777$

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