You plan to invest $50,000 today at an annual interest rate of 12% over 5 years. What the future value of your investment if interest is compounded. a. Annually b. Semi-annually

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
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You plan to invest $50,000 today at an
annual interest rate of 12% over 5 years.
What the future value of your investment if
interest is compounded.
a. Annually
b. Semi-annually
Transcribed Image Text:You plan to invest $50,000 today at an annual interest rate of 12% over 5 years. What the future value of your investment if interest is compounded. a. Annually b. Semi-annually
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