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Calculation of future and present value

Problem: What impact do interest rates have on the calculation of future and present value? How does the length of time affect future and present value? The response must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format.

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## Q : Future value for various compounding periods

Future value for various compounding periods. Find the amount to which $500 will grow under each of these conditions: