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Future Value - Finance

label Business & Finance
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schedule 0 Hours
account_balance_wallet $5

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
Jun 28th, 2017
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