QUESTION 1 The future value of 10,000 in 15 years if the interest rate is 12%...

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QUESTION 1 The future value of 10,000 in 15 years if the interest rate is 12% compounded semiannually is between $58,200 and $58,300. Interest is compounded at the end of the period and the initial investment is made at the end of the period, so use "0" for the type argument in the Excel function. O True False QUESTION 2 The future value of 10,000 in 15 years if the interest rate is 12% compounded monthly is between $59,900 and $59,960. Interest is compounded at the end of the period and the initial investment is made at the end of the period, so use "0" for the type argument in the Excel function. True O False QUESTION 3 The future value of 10,000 in 15 years if the interest rate is 3% compounded semiannually is $15,630.80. Interest is compounded at the end of the period and the initial investment is made at the end of the period, so use "0" for the type argument in the Excel function. True False QUESTION 1 The future value of 10,000 in 15 years if the interest rate is 12% compounded semiannually is between $58,200 and $58,300. Interest is compounded at the end of the period and the initial investment is made at the end of the period, so use "0" for the type argument in the Excel function. O True False QUESTION 2 The future value of 10,000 in 15 years if the interest rate is 12% compounded monthly is between $59,900 and $59,960. Interest is compounded at the end of the period and the initial investment is made at the end of the period, so use "0" for the type argument in the Excel function. True O False QUESTION 3 The future value of 10,000 in 15 years if the interest rate is 3% compounded semiannually is $15,630.80. Interest is compounded at the end of the period and the initial investment is made at the end of the period, so use "0" for the type argument in the Excel function. True False

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