Multiple compounding periods: Find the future value of an investment of $2,500 made today for the following

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Multiple compounding periods: Find the future value of an investment of $2,500 made today for the following rates and periods:

a. 6.25 percent compounded semiannually for 12 years.

b. 7.63 percent compounded quarterly for 6 years.

c. 8.9 percent compounded monthly for 10 years.

d. 10 percent compounded daily for 3 years.

e. 8 percent compounded continuously for 2 years.

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Fundamentals Of Corporate Finance

ISBN: 9781119795438

5th Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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