An interest rate is 5%, the number of period are 3, and the present value is $10

Question

An interest rate is 5%, the number of period are 3, and the present value is $100, then the future value will be

Options:

A . 115.76

B . 105

C . 110.25

D . 113.56

Answer: Option A
Answer: (a).115.76

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