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Calculation #2. Paul makes a single deposit today of $200. The deposit will be invested for 3 years at an interest rate of 10% per
Calculation #2.
Paul makes a single deposit today of $200. The deposit will be invested for 3 years at an interest rate of 10% per year compounded semiannually. What will be the future value of Paul's account at the end of 3 years?
Calculation #3.
Sheila invests a single amount of $300 today in an account that will pay her 8% per year compounded quarterly. Compute the future value of Sheila's account at the end of 2 years.
Calculation #4.
You invest $400 today in an account that earns interest at a rate of 12% per year compounded monthly. What will be the future value at the end of 2 years? I
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Principles Of Finance With Excel
Authors: Simon Benninga, Tal Mofkadi
3rd Edition
0190296380, 9780190296384
