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Chapter 4 Problem 2: Calculating future values compute the future value of $2,500 compounded annually for a. 10 years at 6 percent b. 10 years
Chapter 4 Problem 2: Calculating future values compute the future value of $2,500 compounded annually for a. 10 years at 6 percent b. 10 years at 8 percent c. 20 years at 6 percent CHAPTER 4: PROBLEM 2 (a through c) A. B. C. Present Value 2,500 2,500 2,500 Interest Rate 6% 8% 6% Number of Years 10 10 20 Future Value =
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