P4A.3 For each of the following initial investment amounts, calculate the future value at the end of

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P4A.3 For each of the following initial investment amounts, calculate the future value at the end of the given investment period if interest is compounded annually at the specified rate of return over the given investment period. Investment Investment Amount Rate of Return Investment Period A $ 200 5% 20 years B 4,500 8 7 10,000 9 10 25,000 10 E 37,000 11 12 5

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Fundamentals Of Investing

ISBN: 9780136117049

11th Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott B. Smart, Scott J. Smart

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