Question: Calculating Future Values What is the future value of $1,400 in 20 years assuming an interest rate of 9.6 percent compounded semiannually?
Calculating Future Values What is the future value of $1,400 in 20 years assuming an interest rate of 9.6 percent compounded semiannually?
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For this problem we simply need to find the FV of a lump sum using t... View full answer
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