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Analyzing capital budgeting

Problem: I need some assistance analyzing "Capital Budgeting"! What's Capital Budgeting? How do companies use Capital Budgeting and why is Capital Budgeting so important?

Response has to be 1,000-words/more (or at least one and a half pages long) with a minimum of 3 references in APA format!

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## Q : What is the future value invested today

What is the future value of $1000 invested today if it earns 10% interest for 1 year? 2 years?