The balance available in the account after five years. Introduction: The future value is the investment value that will be realized in the future. With the help of the calculation of future value, an analysis of the amount to be invested can be made. This is very useful for the financial users and investors.

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Chapter 5, Problem 1P

Summary Introduction

To determine: The balance available in the account after five years.

Introduction:

The future value is the investment value that will be realized in the future. With the help of the calculation of future value, an analysis of the amount to be invested can be made. This is very useful for the financial users and investors.

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