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Compute the future view of an investment and use your figure in a sentence. Present value=$76,355...

Compute the future view of an investment and use your figure in a sentence.
Present value=$76,355
Years=14
Interest Rate=12%

Solutions

Expert Solution

Ans $ 373155.46

FV = Future Value
PV = Present Value
r = rate of interest
n= no of period
FV = PV (1 + r )^n
FV = 76355*(1+ 12%)^14
FV = 373155.46

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