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Calculate the future value for the following investment’s Initial investment of $6,000, maturity 5 Years, interest paid annually at 4.5% Show your work Initial investment of $6,000, maturity 5 years, interest paid semi-annually at 4.5% Show your work

Calculate the future value for the following investment’s Initial investment of $6,000, maturity 5 Years, interest paid annually at 4.5% Show your work Initial investment of $6,000, maturity 5 years, interest paid semi-annually at 4.5% Show your work

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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  1. Calculate the future value for the following investment’s
    1. Initial investment of $6,000, maturity 5 Years, interest paid annually at 4.5% Show your work
    2. Initial investment of $6,000, maturity 5 years, interest paid semi-annually at 4.5% Show your work 
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