Adjust the annual formula for a future value of a single amount at 12 percent for 10

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Adjust the annual formula for a future value of a single amount at 12 percent for 10 years to a semiannual compounding formula. What are the interest factors

(F Vp) before and after? Why are they different?

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Foundations Of Financial Management

ISBN: 9780073295817

12th Edition

Authors: Stanley B Block, Geoffrey A Hirt

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