a. What do we mean by the future value of an investment? b. What does it mean

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a. What do we mean by the future value of an investment?

b. What does it mean to compound interest? How does compound interest differ from simple interest?

c. In general, what is the future value of $1 invested at r per period for t periods?

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Essentials Of Corporate Finance

ISBN: 9781265414962

11th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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