What is the future value of $2,600 in 19 years assuming an interest rate of 7.9% compounded
Question:
What is the future value of $2,600 in 19 years assuming an interest rate of 7.9% compounded semiannually?
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Step by Step Answer:
We simply need to find the FV of a lump sum using the equation FV ...View the full answer
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Mehwish Aziz
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781259654756
10th Canadian Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan, Gordon Roberts, J. Ari Pandes, Thomas Holloway
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