EBK FOUNDATIONS OF FINANCIAL MANAGEMENT
EBK FOUNDATIONS OF FINANCIAL MANAGEMENT
17th Edition
ISBN: 9781260464900
Author: BLOCK
Publisher: MCGRAW-HILL LEARNING SOLN.(CC)
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Chapter 9, Problem 12P
Summary Introduction

To calculate: The future value of investment after 17 years.

Introduction

Future Value:

The value of an investment or an asset in the future is termed as future value. It is calculated by multiplying the present value of the investment or asset with its growth rate.

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EBK FOUNDATIONS OF FINANCIAL MANAGEMENT

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