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What is the future worth of these present payments? Provide Calculations. $500 now in 3 years at 5% compounded annually. $8500 now in 5 years
What is the future worth of these present payments? Provide Calculations.
- $500 now in 3 years at 5% compounded annually.
- $8500 now in 5 years at 6% compounded annually.
- $15,000 now in 8 years at 5.5% compounded annually.
- $12,000 now in 6 years at 7% compounded annually.
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International Financial Management
Authors: Jeff Madura
3rd Edition
0314862722, 978-0314862723
