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1. Suppose you invest $10,000 today for five years. The interest rate is 8% per annum. Calculate the future value, assuming compounding takes place once

1. Suppose you invest $10,000 today for five years. The interest rate is 8% per annum.

Calculate the future value, assuming compounding takes place once a year.

Calculate the future value, assuming compounding takes place monthly.

Calculate the future value, assuming compounding takes place continuously.

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