Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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What will be the future value of $1,000 at the end of five years, if the annualized interest rate is 8% and the frequency of compounding is quarterly?

(Roundoff your answer to four decimal digits to have as accurate answer as possible on Canvas. Thanks!)

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