What is the future value of an initial $100 after 3 years if it is invested in

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What is the future value of an initial $100 after 3 years if it is invested in an account paying 10%annual interest?

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...
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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt, Eugene F. Brigham

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