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Determine the future value of $25,000 under each of the following sets of assumptions: (UseFV of $1)(Round FV Factors to 5 decimal places and final
| Determine the future value of $25,000 under each of the following sets of assumptions: (UseFV 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. | 10 | % | 10 | years | Semiannually | $ | ||
| 2. | 12 | 2 | years | Quarterly | $ | |||
| 3. | 24 | 25 | months | Monthly | $ |
rev: 06_15_2012
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
3rd edition
9781337909402, 978-1337788281
