Future Value What is the future value in four years of 1,000 invested in an account with

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Future Value What is the future value in four years of €1,000 invested in an account with a stated annual interest rate of 10 per cent,

(a) Compounded annually

(b) Compounded semi-annually

(c) Compounded monthly

(d) Compounded continuously?

Why does the future value increase as the compounding period shortens?

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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Question Posted: Jul 18, 2024 07:06 AM

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Future Value What is the future value in four years of 1,000 invested in an account with

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Corporate Finance

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