FV(Quar.) = $100(1.03)20 = $

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter10: Accounting For Sales And Cash Receipts
Section: Chapter Questions
Problem 3MC
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FV(Quar.)

= $100(1.03)20

= $

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