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What is the future value of an investment

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Reference no: EM133102375

A very basic personal finance problem is to make a calculation to figure out how much money you would have to invest today to accumulate a certain amount by a specific date. The question would be "what is the future value of $1,000 in five years if it is invested today at 10% per year compounded annually.

What is the future value of $1,000 in five years if it is invested today at 10% per year compounded semi-annually?

What is the future value of an investment of $6,000 per year for 30 years if investments grow at an annual compounded rate of 12%?

What is the future value of an investment of $6,000 per year for 30 years if investments grow at an annual compounded rate of 4%?

Reference no: EM133102375

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