CHAPTER 2

compounded annually? compounded semiannually? compounded monthly? compounded continuously? Why does the future value increase as the compounding period shortens? Compute the future value of $1,000 continuously compounded for. five years at a stated annual interest rate of 12 percent. three years at a stated annual interest rate of 10 percent. ................
................

In order to avoid copyright disputes, this page is only a partial summary.