Homework Answers
Ans 1) $ 1921.86
| FV = | Future Value |
| PV = | Present Value |
| r = | rate of interest |
| n= | no of period |
| FV = | PV (1 + r )n |
| FV = | 100*(1+12%/4)^100 |
| FV = | 1921.86 |
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