Question
What is the future value of $3475 deposited for 7 years at an annual simple interest of 5.25%? What formula would I use in order
What is the future value of $3475 deposited for 7 years at an annual simple interest of 5.25%?
What formula would I use in order to convert current into future value including a simple interest rate?
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
16th edition
1337902608, 978-1337902601
