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Calculate the future value of an investment for XYZ Corporation using the following data: Initial Investment ($) Annual Interest Rate (%) Number of Years $10,000


  • Calculate the future value of an investment for XYZ Corporation using the following data:

    Initial Investment ($)Annual Interest Rate (%)Number of Years
    $10,00085

    Requirements:

    • Determine the future value of the investment.
    • Present the calculation in a detailed table format.
    • Discuss the significance of future value analysis in investment planning.

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