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Additional TVM & Valuation Practice
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120
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Intermediate
A company earns $200,000 in net income today. If net income grows at 8% annually, what is the expected annual net income in 10 years?
Tip: Right-click (or long-press) an option to cross it out.
A
$360,000
B
$431,785
C
$480,000
D
$516,000
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