Calculate the future values of the following cash flows. Round the table factors to two decimal places.
Question:
(a) $25,000 deposited now for 30 years at an interest rate of 9%
(b) $10,000 deposited now for 20 years at an interest rate of 12%
(c) $5,000 deposited now for 50 years at an interest rate of 7%.
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Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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