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What would be the future value of $ 1 9 , 3 7 8 invested now if the money remains deposited for eight years, the
What would be the future value of $ invested now if the money remains
deposited for eight years, the annual interest rate is percent, and interest on the investment is compounded semiannually? How would your answer change if quarterly compounding were used?
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
