1 What is the future value in exactly three years time of an investment of 1,000 received...

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1 What is the future value in exactly three years’ time of an investment of £1,000 received today and invested at 5% compound interest?

(a) £1,215.50

(b) £1,157.63

(c) £1,150

(d) £1,102.50

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Accounting And Finance For Business

ISBN: 9780273773948

1st Edition

Authors: Geoff Black, Mahmoud Al-Kilani

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