Question
1 Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also, calculate the future
1 Find the future value one year from now of a $7,000 investment at a 3 percent annual compound interest rate. Also, calculate the future value if the investment is made for two years (Melicher 246)
Melicher, Ronald W., Edgar Norton. Introduction to Finance: Markets, Investments, andFinancial Management, Enhanced eText, 16th Edition. Wiley, 2016-10-17. VitalBook file.
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
