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aDEVRY FIN 515 Week 2 Problem Set
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FIN 515 Week 2 Problem Set
Chapter 4 (pages 132–136):
3. 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 pa More
