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Suppose you were able to save $1000 today, what is the future value of this amount after 20 years with an annual interest rate of

Suppose you were able to save $1000 today, what is the future value of this amount after 20 years with an annual interest rate of 10% that is COMPOUNDED QUARTERLY?

A. $3,604.78

B. $6,727.50

C. $7,209.57

D. $9,906.81

Finance professionals primarily involved with the distribution of securities from issuing corporations to the general public are called:

  • A. security analysts.
  • B. technicians.
  • C. investment bankers.
  • D. chief financial officers.

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