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If you invest $15,500 today, how much will you have in each of the following instances? Use Appendix A as an approximate answer, but calculate
If you invest $15,500 today, how much will you have in each of the following instances? Use Appendix A as an approximate answer, but calculate your final answer using the formula and financial calculator methods.
a. In 8 years at 7 percent? future Value:
b. In 19 years at 10 percent? future Value:
c. In 20 years at 12 percent?future Value:
d.In 25 years at 12 percent (compounded semiannually)?future Value:
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