Find the future value of 10000 invested now after five


Question - Find the future value of $10,000 invested now after five years if annual interest rate is 8 percent.

a. What would be the future value if the interest rate is a simple interest rate?

b. What would be the future value if the interest rate is a compound interest rate?

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Accounting Basics: Find the future value of 10000 invested now after five
Reference No:- TGS02635668

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