PERSONAL FINANCE >LL< W CONNECT
PERSONAL FINANCE >LL< W CONNECT
11th Edition
ISBN: 9781259891557
Author: Kapoor
Publisher: MCG
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Chapter 1, Problem 13FPP
Summary Introduction

To determine:

The future value of the given savings.

Introduction:

Future value refers to the value that is to be received in future after considering the time value of money on a particular investment for a number of periods of time. It is the total amount to be received by an investor on the amount invested by him after certain period with the component of interest.

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