Suppose you can earn 10 percent on an investment rather than 8 percent After 20 years, the future value will be 25 percent greater True or false Explain ...

This answer is false since the accu ...

Suppose you can earn 10 percent on an investment rather than 8 percent. After 20 years, the

Question:

Suppose you can earn 10 percent on an investment rather than 8 percent. After 20 years, the will be 25 percent greater. True or false? Explain.
Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...