Assume that a $10,000 investment can earn 4% compounded quarterly. What will be its future value a.

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Assume that a $10,000 investment can earn 4% compounded quarterly. What will be its future value

a. After 15 years?

b. After 20 years?

c. After 25 years?

d. After 30 years?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:48 AM

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Assume that a $10,000 investment can earn 8% compounded quarterly. What will be its future value after: a. 15 years? b. 20 years? c. 25 years? d. 30 years?
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Assume that a $10,000 investment can earn 4% compounded quarterly. What will be its future value a.

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Fundamentals Of Business Mathematics In Canada

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