How much money would you have had to invest on 1/1/2010 in a savings account that yields 1% interest (compounded annually) to have $100 on 1/1/2013? $100.00 $98.03 $97.00 $98.00 $97.06 O O

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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How much money would you have had to
invest on 1/1/2010 in a savings account that
yields 1% interest (compounded annually) to
have $100 on 1/1/2013?
$100.00
$98.03
$97.00
$98.00
$97.06
O O O O O
Transcribed Image Text:How much money would you have had to invest on 1/1/2010 in a savings account that yields 1% interest (compounded annually) to have $100 on 1/1/2013? $100.00 $98.03 $97.00 $98.00 $97.06 O O O O O
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