Question
You expect to receive $1000 at the end of each of the next 3 years you will deposit these payments into an account which pays
You expect to receive $1000 at the end of each of the next 3 years you will deposit these payments into an account which pays 10% compounded semiannually. What is the future value of these payments, that is, the value at the end of the third year?
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
