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So, why is it important to be able to calculate the future value of some amount invested? JENNIFER: First, remember that the amount invested is
So, why is it important to be able to calculate the future value of some amount invested? JENNIFER: First, remember that the amount invested is usually called , and the amount earned during the investment period is called . It is important to be able to calculate a future value so that you can know in advance. what a given amount of principal will be worth after earning a specified for a known?
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Calculating the future value of an investment is important for several reasons 1 Financial Planning Knowing the future value of an investment allows i...
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Money Banking and Financial Markets
Authors: Stephen Cecchetti, Kermit Schoenholtz
4th edition
007802174X, 978-0078021749
