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Business, 27.01.2020 23:31 860jay

A. find the fv of $1,000 invested to earn 10% annually 5 years from now. answer this question by using a math formula and also by using the excel function wizard,
inputs: pv = 1000
i/yr = 10%
n = 5
formula: fv = pv(1+i)^n =
wizard (fv): $1,610.51

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Answers: 2

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