The Future Value of $100 That Earns 10% Annually for N

question 79

Multiple Choice

The future value of $100 that earns 10% annually for n years is best expressed by which of the following?

• A) $100(0.1)ⁿ
• B) $100 × n × (1.1)
• C) $100(1.1)ⁿ
• D) $100/(1.1)ⁿ

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