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Determine the future value of $22,000 under each of the following sets of assumptions (FV of $1,PV of $1,FVA of $1,PVA of $1,FVAD of $1andPVAD
Determine the future value of $22,000 under each of the following sets of assumptions (FV of $1,PV of $1,FVA of $1,PVA of $1,FVAD of $1andPVAD of $1).
- Annual Rate= 12%, Periods Invested= 10 years, Interest Compounded= Semiannually, i= ?, n= ?, Present Value= $22,000, Future Value= ?
- Annual Rate= 12%, Periods Invested= 5 years, Interest Compounded= Quarterly, i= ?, n= ?, Present Value= $22,000, Future Value= ?
- Annual Rate= 12%, Periods Invested= 12 months, Interest Compounded= monthly, i= ?, n= ?, Present Value= $22,000, Future Value= ?
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Cost Accounting Principles And Applications
Authors: Horace Brock, Linda Herrington, La Vonda Ramey
7th Edition
0071115609, 978-0071115605
