Mathematics-compound interest

Reference no: EM13115444

Burger and more business is worth 250,000. it is expected to grow at 12% per year compounded annually for the next 5 years.

Find the expected future value.

If funds from the sale of the business today would be placed in an account yielding 6% compounded semiannually, what would be the minimum acceptable price for Burger and more at this time?

Reference no: EM13115444

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Mathematics-compound interest : Burger and more business is worth 250,000. it is expected to grow at 12% per year compounded annually for the next 5 years. Find the expected future value.

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