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2. Calculating Future Values: Compute the futur...

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2. Calculating Future Values: Compute the future value of $1,000 compounded annually For: a. 10 years at 6 percent. b. 10 years at 9 percent. c. 20 years at 6 percent. d. Why is the interest earned in part (c) not twice the amount earned in part (a)?

 

Paper#11997 | Written in 18-Jul-2015

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