Loose Leaf for Foundations of Financial Management Format: Loose-leaf
Loose Leaf for Foundations of Financial Management Format: Loose-leaf
17th Edition
ISBN: 9781260464924
Author: BLOCK
Publisher: Mcgraw Hill Publishers
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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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Loose Leaf for Foundations of Financial Management Format: Loose-leaf

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