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Time Value of Money Part 1: Future Value In this part, you need to find the value of an investment in three different ways. Consider

Time Value of Money Part 1: Future Value In this part, you need to find the value of an investment in three different ways. Consider the following question: Find the future value (FV) of $1,000 invested to earn 3% annually 5 years from now.

A) Calculate the FV using a time line.

B) Calculate the FV using the FV formula

C) Calculate the FV using the Excel function

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