1. What is the future value after 4 years of a deposit of $35,000 made today, assuming...
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2. What is the future value after 4 years of a deposit of $10,000 made today, assuming interest of 16% compounded quarterly?
3. What is the future value after 4 years of a deposit of $25,000 made today, assuming interest of 12% compounded semiannually?
4. What is the present value today of $30,000 due on after 4 years and discounted at 10% compounded annually?
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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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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