Question: Imagine a $ 1 , 0 0 0 investment, started on January 1 , 2 0 2 4 . The investment returns an annual interest

Imagine a $1,000 investment, started on January 1,2024. The investment returns an annual interest rate of 12%, for 5 years. What is the future value of the investment if the interest is compounded annually, semi-annually, and quarterly? Show me the PV factors, and the n/i values used to calculate the future value.

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