Question: So, why is it important to be able to calculate the future value of some amount invested? JENNIFER: First, remember that the amount invested is
So, why is it important to be able to calculate the future value of some amount invested? JENNIFER: First, remember that the amount invested is usually called , and the amount earned during the investment period is called . It is important to be able to calculate a future value so that you can know in advance. what a given amount of principal will be worth after earning a specified for a known?
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