Question
How much will you end up with in four years (i.e. what is P4, the future value at t =4) if you invest $200 in
How much will you end up with in four years (i.e. what is P4, the future value at t =4) if you invest $200 in an account with a quoted annual rate (APR) of 12% and monthly compounding? Annual compounding?
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To calculate the future value at time t4 with monthly compounding we can use the formula for compoun...
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Introduction to Corporate Finance What Companies Do
Authors: John Graham, Scott Smart
3rd edition
9781111532611, 1111222282, 1111532613, 978-1111222284
