PPT Slide

0

1

2

3

10%

0

1

2

3

5%

4

5

6

134.01

100

133.10

1

2

3

0

100

Annually: FV3 = 100(1.10)3 = 133.10.

Semiannually: FV6 = 100(1.05)6 = 134.01.

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