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Problem 1. What is the future value, ten years from now, of $1,000 invested today at a periodic interest rate of 1% compounded monthly?
Problem 1. What is the future value, ten years from now, of $1,000 invested today at a periodic interest rate of 1% compounded monthly?
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
133428532, 978-0133428537
