Calculating Future Values What is the future value of $1,400 in 20 years assuming an interest rate

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Calculating Future Values What is the future value of $1,400 in 20 years assuming an interest rate of 9.6 percent compounded semiannually?

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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Fundamentals of Corporate Finance

ISBN: 978-0077861629

8th Edition

Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan

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