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Solve future value of a dollar one investment paying

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Question 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.

Question 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.

Question 3: Calculate the future value of a $1 investment paying 12.2% compounded continuously. Work out the value of the investment after 1, 5, and 20 years.

Question 4: Which investment would you prefer?

Reference no: EM132984109

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