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We are investing $ 1 5 , 0 0 0 at an interest rate of 6 % , compounded annually for a period of 1
We are investing $ at an interest rate of compounded annually for a period of years. We want to calculate the future value of this investment.
Table B Present Value of $: i n PV factor
Table B Future Value of $: i n FV factor
Table B Present value of an Annuity: i n PV factor
Table B Future Value of an Annuity: i n FV factor
What is the future value of the investment?
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