Prepare a schedule showing that, with a rate of growth of 0.15 per year $1,000 will grow to $1,322 in two years.

Essentials Of Investments
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CH 3 #10. Prepare a schedule showing that, with a rate of growth of 0.15 per year $1,000 will grow to $1,322 in two years.

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Future value of the amount invested today is the worth after adding interest on the amount invested for fixed period of time.

 

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