Follow the instructions in the NET @ssets box earlier in this section to access the interactive chart

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Follow the instructions in the NET @ssets box earlier in this section to access the interactive chart named “Future Value of $100” on the textbook’s Web site. Use the chart to help you answer these questions. What is the percentage increase in an investment’s future value every five years if the investment earns:
a. 7% compounded annually?
b. 9%compoundedannually?
c. 11% compounded annually? 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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