Ellen now has $125. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?
A. $205.83
B. $216.67
C. $228.07
D. $240.08
E. $252.08
Answer: D
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Answer the following statement true (T) or false (F)
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a. Inputs/Transforming/Outputs b. Transforming/Inputs/Outputs c. Outputs/Transforming/Inputs d. None of the above
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A) asymmetric information B) moral hazard C) adverse selection D) fraudulent behavior