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Determining the present and future value

Question 1: What is the future value of $15,000 if it is invested at 7.5% for a period of 13 years annually?

Question 2: What is the future value of $20,000 if it is invested at 6.5% for a period of 9 years quarterly?

Question 3: What is the present value of $100,000 received in 15 years if the current opportunity rate of return is 9% annually?

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Finance Basics: Determining the present and future value

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Finance Basics: Determining the present and future value

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