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Future Value of a Single Sum Ilustration: Assume that Commonwealth Edison Company deposited $250 million in an escrow account with Northerm Trust Company at the

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Future Value of a Single Sum Ilustration: Assume that Commonwealth Edison Company deposited $250 million in an escrow account with Northerm Trust Company at the beginning of 2017 as a commitment toward a power plant to be completed December 31,2020. How much will the company have on deposit at the end of 4 years if interest is 10%, compounded semiannually? Present Value $250,000,000 Future Value? 4 What table do we use? 625 LO2 Notes Comments | :-1 +75%

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