Compute the future value of $1,625 continuously compounded for a. Five years at an annual percentage rate
Question:
Compute the future value of $1,625 continuously compounded for
a. Five years at an annual percentage rate of 14 percent.
b. Three years at an annual percentage rate of 6 percent.
c. Ten years at an annual percentage rate of 8 percent.
d. Eight years at an annual percentage rate of 9 percent.
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
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Related Book For 
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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