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Answer the following questions

a. Compute the future value of $2,000 compounded annually for 10 years at 4 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b. Compute the future value of $2,000 compounded annually for 10 years at 10 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

c. Compute the future value of $2,000 compounded annually for 15 years at 4 percent. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92709655

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