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Compute the future value of a $150 cash flow for the following combinations of rates and times. (Do not round intermediate calculations. Round your answers
| Compute the future value of a $150 cash flow for the following combinations of rates and times. (Do not round intermediate calculations. Round your answers to 2 decimal places.) |
| Future Value | ||
| a. | r = 7%, t = 10 years | $ |
| b. | r = 7%, t = 20 years | $ |
| c. | r = 3%, t = 10 years | $ |
| d. | r = 3%, t = 20 years | $ |
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Financial Mathematics Derivatives And Structured Products
Authors: Chan
1st Edition
9811336954, 978-9811336959
