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Assume you are a financial advisor and one of your clients planning to invest her money and ask you to calculate the future value of
Assume you are a financial advisor and one of your clients planning to invest her money and ask you to calculate the future value of $100 at an 8 percent interest rate 5, 10, and 15 years into the future. What would the future value be over these time horizons if the interest rate were 5 percent? You need to explain your client the variations over different time horizons and at different interest rates based on your calculations
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