Calculate the future value of an investment given the


Calculate the future value of an investment, given the following characteristics: (a) PV: $30,000, (b) NPER: 25, (c) Rate: 5%.

Problem 2: Using the information from Problem 1, calculate the future value of the same investment using daily compounding (Hint: Divide the Rate by 365 and multiple the Number of Years by 365).

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Financial Management: Calculate the future value of an investment given the
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