What is the future value (FV) of $20,000 in four years, assuming the interest rate is 4% per year? O $15,208.16 O$25,736.89 O $19,887.59 O $23,397.17
What is the future value (FV) of $20,000 in four years, assuming the interest rate is 4% per year? O $15,208.16 O$25,736.89 O $19,887.59 O $23,397.17
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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