Assume that a $10,000 investment can earn 8% compounded quarterly. What will be its future value after:
Question:
a. 15 years?
b. 20 years?
c. 25 years?
d. 30 years?
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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