Future Value
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You invest $3000 a year for 3 years at 12%
a)what is the value of your investment after one year
b)what is the value of your investment after two years
c)what is the value of your investment after three years
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Solution Summary
The solution explains how to calculate the future value of an investment after one, two and three years.
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The investment amount would increase by 12% each year over the previous year
a)what is the value ...
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