Question: For the CFD given below, if interest rate i=12% per year compounded quarterly, and C=$1,000 the Future value, F after one year is closest to:

 For the CFD given below, if interest rate i=12% per year

For the CFD given below, if interest rate i=12% per year compounded quarterly, and C=$1,000 the Future value, F after one year is closest to: C----- FE? = 16% per year compounded quarterly 0 1 Year 8 9 10 11 12 Month $200

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