How much will an initial investment of $1,000 earning interest of 8% a year be worth at

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How much will an initial investment of $1,000 earning interest of 8% a year be worth at the end of 20 years? How does this change if the interest is paid more frequently?

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Quantitative Methods For Business

ISBN: 978-0273739470

5th edition

Authors: Donald Waters

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Question Posted: Sep 20, 2012 12:25 AM

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How much will an initial investment of $1,000 earning interest of 8% a year be worth at

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In consistent units we have A 0 1000 amount at pre...View the full answer

Quantitative Methods For Business

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