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Please answer the attached two questions.

Suppose $10,000 is invested at an annual rate of 5% for 10 years. Find the future value if interest is compounded as follows.

a. Annually
b. Quarterly
c. Monthly
d. Daily (365 days

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Sandhya Sharma, MSc
Education
  • BSc, Meerut University
  • MSc, Meerut University
  • MPhil, Institute of Advanced Studies
  • MSc, AIT
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