Short Answer
Follow the instructions in the NET @ssets box earlier in this section to access the interactive chart named "Future Value of $100"
in the student textbook's OLC. Use the chart to help you answer these questions. What is the percentage increase in an investment's future value every five years if the investment earns:
a) 7% compounded annually?
b) 9% compounded annually?
c) 11% compounded annually?
Correct Answer:
Verified
a) 40.26%
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Correct Answer:
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