3. For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): Present Value Years Interest Rate Future Value $ 2,250 11 13 % $ 8,752 7 9 $ 76,355 14 12 $ 183,796 8 6 $
3. For each of the following, compute the future value (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)): Present Value Years Interest Rate Future Value $ 2,250 11 13 % $ 8,752 7 9 $ 76,355 14 12 $ 183,796 8 6 $
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
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3. For each of the following, compute the |
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Interest Rate |
Future Value |
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2,250 |
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8,752 |
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7 |
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$ |
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76,355 |
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14 |
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12 |
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$ |
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183,796 |
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8 |
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6 |
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$ |
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