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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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