Find the future value of 10000 invested now after five, Finance Basics

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Find the future value of 10000 invested now after five

Find the future value of $10,000 invested now after five years if the 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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Finance Basics: Find the future value of 10000 invested now after five

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Finance Basics: Find the future value of 10000 invested now after five

Reference No:- TGS0625083

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Find the future value of 10000 invested now after five

Reference No:- TGS0625083

Recent Questions Asked Finance Basics

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