Answered: Future Value What is the future value…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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What is the future value of $50,000.00 invested this year @ 5%, for 15 years?
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Future Value What is the future value in 11 years of $1,000 invested in an account with an APR of 8.9 percent: 1. Compounded continuously?