Calculate the future value of a $1 investment paying interest of 12.1% compounded annually. Work out the value of the investment after 1, 5, and 20 years.

Calculate the future value of a $1 investment paying interest of 11.8% compounded semiannually. Work out the value of the investment after 1, 5, and 20 years. 

Calculate the future value of a $1 investment paying 11.6% compounded continuously. Work out the value of the investment after 1, 5, and 20 years. 

Which investment would you prefer?

Answer rating: 100% (QA)

To calculate the future value of an investment you can use the formula for compound interest Future Value FV Principal P 1 Interest Rate rn Where P is ... View the full answer