Find the future value one year from now of a 7000, Finance Basics

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Find the future value one year from now of a 7000

1. Find the future value one year from now of a $7,000 investment at a 3% annual compound interest rate. Also calculate the future value if the investment is made for 2 years.

2. Find the future value of $10,000 investment now after five years of the annual interest rate is 8%
a. What would be the future value if the interest rate is a simple interest rate
b. What would be the future value if the interest rate is a compound interest rate

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Finance Basics: Find the future value one year from now of a 7000

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Request for Solution File

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Finance Basics: Find the future value one year from now of a 7000

Reference No:- TGS0624656

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Two metal spheres are separated by a distance of 08 cm and

Q : Suppose we need an amplifier with input resistance of 500

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Find the future value one year from now of a 7000

Reference No:- TGS0624656

Recent Questions Asked Finance Basics

Q : Two metal spheres are separated by a distance of 08 cm and

Q : Suppose we need an amplifier with input resistance of 500

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Q : Find the future value one year from now of a 7000

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