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Calculate the future value of both investments at the end

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Question

A 1,000 dollars investment pays 10 percent compounded annually for 2 years; another pays 10 percent compounded semiannually for 2 years.

Calculate the future value of both investments at the end of year 2, and explain in words the numerical difference in your answers.

The response paper should be in APA format, double spaced, hand-written, numbered pages, with a cover page and references.

Reference no: EM132381705

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