- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 2. Time Value of Money in Finance
- Subject 1. Time Value of Money
CFA Practice Question
You have received $125 today. You will invest the money at a rate of 6% per year. How much will your investment have increased to by the end of 7 years?
A. 187.95
B. 185.97
C. 167.51
Explanation: FV = (125)(1.06)7 = 187.95
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