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Determine the future value of $17,000 under each of the following sets of assumptions: (Use FV of $1) (Round FV Factors to 5 decimal places
Determine the future value of $17,000 under each of the following sets of assumptions: (Use FV of $1) (Round "FV Factors" to 5 decimal places and final answers to the nearest dollar amount.)
| Annual Rate | Period Invested | Interest Compounded | Future Value | |||||
| 1. | 14 | % | 7 | years | Semiannually | $ | ||
| 2. | 12 | 10 | years | Quarterly | $ | |||
| 3. | 36 | 21 | months | Monthly | $ | |||
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Finance At 40 Financial Intelligence
Authors: MOIRA O'NEILL Moira O'Neill
1st Edition
1408101114, 978-1408101117
