Annual Deposit Rate of Number of Return Years $ 3,000 8% 7 $ 3,000 12 % 7 $ 3,000 8% 14 $ 3,000 12 % 14 Investment Value at the End of Time Period Total Amount of Investment Total Amount of Interest or Earnings
Annual Deposit Rate of Number of Return Years $ 3,000 8% 7 $ 3,000 12 % 7 $ 3,000 8% 14 $ 3,000 12 % 14 Investment Value at the End of Time Period Total Amount of Investment Total Amount of Interest or Earnings
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
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Transcribed Image Text:Complete the following table. Use Exhibit 1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D.
Note: Use appropriate factor(s) from the tables provided. Round time value factors to 3 decimal plac
nearest whole number.
Annual Rate of Number of
Deposit
Return
Years
Investment
Value at the End
of Time Period
Total Amount of
Investment
$ 3,000 8%
7
$ 3,000
12%
7
$ 3,000
8%
14
$ 3,000
12 %
14
Total Amount of
Interest or
Earnings
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