What would the future value of $100 be after 5 years at 12% compound interest? A company’s 2005 sales were 200 million. If sales grow at 9% per year, how large will they be 10 years later, in 2015, in millions? How much would $1, growing at 5% per year be worth after 100 years?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.2: Future Values
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  1. What would the future value of $100 be after 5 years at 12% compound interest?
  2. A company’s 2005 sales were 200 million. If sales grow at 9% per year, how large will they be 10 years later, in 2015, in millions?
  3. How much would $1, growing at 5% per year be worth after 100 years?
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