What amount would have to be invested today for the future value to be $10,000 after 20
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a. 5% compounded quarterly?
b. 7% compounded quarterly?
c. 9% compounded quarterly? Discuss. 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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Give FV 10000 Term 20 years m 4 n 420 80 a With j 5 i jm 54 125 per q...View the full answer
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