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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please show solutions and answer only letters A,B,C thank you.
Transcribed Image Text:4-4 Future values For each of the cases shown in the following table, calculate the
future value of the single cash flow deposited today that will be available at the
end of the deposit period if the interest is compounded annually at the rate speci-
fied over the given period.
Case
Single cash flow
Interest rate
Deposit period (years)
A
$
200
5%
20
В
4,500
7
C
10,000
10
25,000
10
12
E
37,000
11
F
40,000
12
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