What was the annually compounded nominal rate of growth, if the future value of $1000 after 20
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Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...
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Given PV 1000 FV 401694 n 20 ...View the full answer
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