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Future Value - Finance

Business & Finance
Tutor: None Selected Time limit: 0 Hours

You put $5,000 in an investment account today which will earn 6% over the next 11 years, what is the future value?

Feb 23rd, 2015

Future value = 5000* (1.06)^11= $9491.49  = $9,491

Feb 23rd, 2015

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Feb 23rd, 2015
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Feb 23rd, 2015
Dec 9th, 2016
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