Mathematics for FinanceMTP Dec 22Question 1365 of 422
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An investment is earning compounded interest $100$ invested in the year $2$ accumulated to $105$ by year $4$. If $500$ is invested in the year $5$, will become $____$ by year $10$.

Options

A$364.80$
B$564.80$
C$464.80$
D$664.80$
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Correct Answer

Option b$564.80$

All Options:

  • A$364.80$
  • B$564.80$
  • C$464.80$
  • D$664.80$

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