Question: QUESTION 7 3 marks Future Value (FV). Your friend has lent you AED: 100,000 today. You decide to deposit this money into your ADCB bank

 QUESTION 7 3 marks Future Value (FV). Your friend has lent

QUESTION 7 3 marks Future Value (FV). Your friend has lent you AED: 100,000 today. You decide to deposit this money into your ADCB bank account today that pays 10% interest rate per year and, you also decide not to add or withdraw any money on this account. Compute the Future Value (FV) of this money at the end of two (2) years

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