Calculate the future value of $1000 invested for 3 years at an 8% annual rate of interest with annual compounding.
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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Question Posted: August 07, 2015 03:33:43