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What is the future value of an investment of $ 1 0 , 0 0 0 made today that compounds at 2 . 5 %
What is the future value of an investment of $ made today that compounds at per quarter nominally per year for the next years?
How does your answer change if you make an annual contribution of $ per year at the end of each year for years? HINT since the payment annual and compounding quarterly are not aligned then you need to use an effective annual rate and solve using annual conventions
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