Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Using annual, semiannual, and quarterly compounding periods, (1) calculate the
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Step 1: Future values:
The worth of the amount is expected by an investor to be received on some future date for investing in the current date at given interest rate will be referred as future worth. This can be found by using the following equation:
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