Find the following future values, using Table: a. $500 invested today at a 6 percent rate and
Question:
a. $500 invested today at a 6 percent rate and held for 20 years
b. $800 invested at the end of each of the next 10 years to earn 10 percent
c. $300 invested at the beginning of each of the next 40 years to earn 8 percent
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a 500 x 32071 FVIF 6 20 years ...View the full answer
Answered By
Jehal Shah
I believe everyone should try to be strong at logic and have good reading habit. Because If you possess these two skills, no matter what difficult situation is, you will definitely find a perfect solution out of it. While logical ability gives you to understand complex problems and concepts quite easily, reading habit gives you an open mind and holistic approach to see much bigger picture.
So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
Last but not the least, I am finance enthusiast. Big fan of Warren buffet for long term focus investing approach. On the same side derivatives is the segment I possess expertise.
If you have any finacne related doubt, do reach me out.
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Related Book For 
Personal Finance An Integrated Planning Approach
ISBN: 978-0136063032
8th edition
Authors: Ralph R Frasca
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