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    Business Mathematics Study Set 1
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    Exam 8: Compound Interest: Future Value and Present Value
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    How Much More Will an Investment of $10,000 Earning 8
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How Much More Will an Investment of $10,000 Earning 8

Question 143

Question 143

Short Answer

How much more will an investment of $10,000 earning 8% compounded annually be worth after 25 years than after 20 years? Calculate the difference in dollars and as a percentage of the smaller maturity value.

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