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With continuous compounding at 8% p.a. for 20 years, what is the approximate future value of a $20,000 initial investment (rounded to the nearest dollar)?
With continuous compounding at 8% p.a. for 20 years, what is the approximate future value of a $20,000 initial investment (rounded to the nearest dollar)?
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Personal Financial Planning
Authors: Lewis J. Altfest
2nd edition
1259277186, 978-1259277184
