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Calculate the future value of a investment paying interest

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Reference no: EM132984079

Problem 1: Calculate the future value of a $1 investment paying interest of 12.6% compounded annually. Work out the value of the investment after 1, 5, and 20 years.

Problem 2: Calculate the future value of a $1 investment paying interest of 12.5% compounded semiannually. Work out the value of the investment after 1, 5, and 20 years.

Reference no: EM132984079

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