Exam (elaborations)
Colorado State University FIN 300 Exam 3
- Course
- FIN 300
- Institution
- Colorado College
Chapter 8 Practice Problems 1. What is the future value of $1,000 invested today if you earn 2 percent annual interest for five years? $1,104.08 2. Calculate the future value of $20,000 ten years from now if the annual interest rate is a. 0 percent: $20,000 b. 2 percent: $24,379.89 c. 5 perce...
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