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What is the future value, ten years from now, of $1,000 invested today at a periodic interest rate of 1% compounded monthly? A)$3,300.39 B)$5,400.39 C)$745.37
What is the future value, ten years from now, of $1,000 invested today at a periodic interest rate of 1% compounded monthly?
A)$3,300.39
B)$5,400.39
C)$745.37
D)$1,100
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Introduction To Business Statistics
Authors: Ronald M. Weiers
7th Edition
978-0538452175, 538452196, 053845217X, 2900538452198, 978-1111524081
