Question
What is the FV of $1,000 to be invested for 5 years at an interest rate of 7%? A. $1,402.55 B. $2,002.22 C. $1,342.87 D.
What is the FV of $1,000 to be invested for 5 years at an interest rate of 7%?
| A. | $1,402.55 | |
| B. | $2,002.22
| |
| C. | $1,342.87
| |
| D. | $1,345.22
|
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Lorne Switzer, Maureen Stapleton, Dana Boyko, Christine Panasian
9th Canadian Edition
1259271935, 9781259271939
