Analysis of future value, Low Martian wants to invest

Analysis of future value

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Reference no: EM1328862

Low Martian wants to invest $2,500,000 from his Chicago Bulls contract. He has found an investment that will pay 14%. He is not sure of the compounding periods, however. He has asked you to calculate how much he would have after five years if the compounding is done monthly?

Reference no: EM1328862

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