[Solved]Calculate the future value of $2000 in a. five years at an interest rate of 5% per year; b. ten years at an interest rat
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Title: [Solved]Calculate the future value of $2000 in a. five years at an interest rate of 5% per year; b. ten years at an interest rate of 5% per year; and c. five years at an interest rate of 10% per year. d. Why is the amount of interest earned in part (a) less than half the amount of interest earned in part (b)?
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Post Date:2021-09-28T11:35:15+00:00
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[Solved]Calculate the future value of $2000 in a. five years at an interest rate of 5% per year; b. ten years at an interest rate of 5% per year; and c. five years at an interest rate of 10% per year. d. Why is the amount of interest earned in part (a) less than half the amount of interest earned in part (b)?
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