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Future Value If $ 1 0 0 0 ( P ) is invested for two years ( t ) at 1 0 % ( i

Future Value

If $

1000 (P)

is invested for two years

(t)

10 % (i)

per year, calculate the future value

(F)

at the end of the second year if the interests will be compounded semi

-

annually.

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