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1- What is the future value of $100 to be deposited today into an account paying 8%, compounded semiannually for 2 years? How will your

1- What is the future value of $100 to be deposited today into an account paying 8%,

compounded semiannually for 2 years? How will your answer change if it compounds quarterly?

2- If a firm has $12,400 to invest and can earn 14 percent, how much will the firm have after two years?

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