Find the future value

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When using a financial calculator, which of the following is a correct way to find the future value of $200 deposited today in an account for four years paying annual interest of 2% compounded quarterly?

A. N=16, i=0.005, PV=-200, PMT=0, solve for FV
B. N=4, i=0.5, PV=200, PMT=0, solve for FV
C. N=16, i=0.5, PV=-200, PMT=0, solve for FV
D. N=16, i=0.03, PV=-200, PMT=0, solve for FV

Reference no: EM133059921

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