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1. Assume an investment of $2,000 today. Calculate the FV of the investment in 10 years, according to each set of conditions below a. 6
1. Assume an investment of $2,000 today. Calculate the FV of the investment in 10 years, according to each set of conditions below a. 6 percent compounded annually Rate Nper PMT PV FV b. 8 percent compounded annually Rate Nper PMT PV FV c. 10 percent compounded annually Rate Nper PMT PV FV d. 10 percent compounded semiannually Rate Nper PMT PV FV e. 10 percent compounded quarterly Rate Nper PMT PV FV 2. What is the relationship between future values and interest rates and future values and the number of compounding periods per year
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