As the winner of a competition you are entitled to $5,000 at the end of next...
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As the winner of a competition you are entitled to $5,000 at the end of next year, with this amount growing at 10% p.a. until the end of year 10. Assuming the interest rate for valuing this prize is 5% p.a., the future value of this prize at the end of year 10 is closest to? As the winner of a competition you are entitled to $5,000 at the end of next year, with this amount growing at 10% p.a. until the end of year 10. Assuming the interest rate for valuing this prize is 5% p.a., the future value of this prize at the end of year 10 is closest to?
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Applied Equity Analysis and Portfolio Management Tools to Analyze and Manage Your Stock Portfolio
ISBN: 978-1118630914
1st edition
Authors: Robert A.Weigand
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