Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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- What’s the
future value of $100 after 3 years if the appropriate interest rate is 8%, compounded annually? - Compounded monthly?
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Information Provided:
- Principal = $1000
- Period = 3 years
- Interest rate = 8%
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