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You have been told that the future value of an investment that matures in 3...

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Accounting

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You have been told that the future value of an investment that matures in 3 years is $1,300. Calculate the following: (2) The amount of the interest if the simple interest rate is 10% per annum. Select one: a. $333.38 b. $390.00 c. $300.00 d. $323.29

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