Fundamentals of Corporate Finance
Fundamentals of Corporate Finance
11th Edition
ISBN: 9780077861704
Author: Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Bradford D Jordan Professor
Publisher: McGraw-Hill Education
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Chapter 5, Problem 19QP

Calculating Future Values [LO1] You are scheduled to receive $20,000 in two years. When you receive it, you will invest it for six more years at 7.3 percent per year. How much will you have in eight years?

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