What’s the future value

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 7Q
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What’s the future value of $100 after three years if the appropriate interest rate is 8 percent, compounded annually? Compounded monthly?

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