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Note 2-11-08 - principle interest earned Future Value(FV...

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Note 2/11/2008 Bus 170 CH4 Time Value of Money Simple Interest – interest earned on only your original interest Compound Interest – interest earned on
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Unformatted text preview: principle + interest earned Future Value (FV) – Amount to which the investment will grow FV = $100 X (1+r) ^t...
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