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Calculate the future value in five years of $8,000 received today if your investments pay for the following interest rates. (Do not round intermediate
Calculate the future value in five years of $8,000 received today if your investments pay for the following interest rates. (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) 5 percent compounded annually b. 7 percent compounded annually C. 9 percent compounded annually d. 9 percent compounded semiannually e. 9 percent compounded quarterly Future Value
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Understanding Financial Statements
Authors: Lyn Fraser, Aileen Ormiston
11th edition
133874036, 978-0133874037
