The future value of a lump sum (single value) can be found using the following equation: FVN

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The future value of a lump sum (single value) can be found using the following equation: FVN = PV x (1 I) N Suppose $2,000 was invested for three years in an account paying 10 percent interest. What would the future value be?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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Posted Date: Mar 24, 2024 11:40 AM

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The future value of a lump sum (single value) can be found using the following equation: FVN

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Principles of Finance

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