Mathematics
Mathematics, 22.06.2021 09:20, b2cutie456

Compute the future value of $1,000 compounded annually for: A. 10 years at 5 percent.

B. 10 years at 10 percent.

C. 20 years at 5 percent.

D. Why is the interest earned in part (c) not twice the amount earned in part (a)?

answer
Answers: 3

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Compute the future value of $1,000 compounded annually for: A. 10 years at 5 percent.

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