Question: If you receive $ 1 , 2 0 0 in one year and invest it at an annual interest rate of 6 % , what

If you receive $1,200 in one year and invest it at an annual interest rate of 6%, what will be the future value of this cash flow after 3 years?
A) $1,244.80
B) $1,319.52
C) $1,400.32
D) $1,478.96

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