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Time Value of Money Calculations
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Time Value of Money Calculations
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14. The Financial System / Time Value of Money Calculations / Problem 8
Problem 8
Which scenario will result in a higher future value: a 5% interest rate over 10 years or a 10% interest rate over 5 years?
A
Both will result in the same future value.
B
It depends on the initial investment amount.
C
10% interest rate over 5 years.
D
5% interest rate over 10 years.
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