Calculate the future value after 25 years in each of the following scenarios: a. $6000 invested at
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a. $6000 invested at end of each year earning 9% compounded annually.
b. $3000 invested at end of each half-year earning 9% compounded semiannually.
c. $1500 invested at end of each quarter earning 9% compounded quarterly?
d. $500 invested at end of each month earning 9% compounded monthly?
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Given term 25years a PMT 6000 j 9 m 1 i ...View the full answer
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