What is the equivalent future value

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Compounding

What is the equivalent future value of $70,000 when compounded at 2.8% for 10 years?

You invest $50,000 in bonds that will give you a return of 5.6%. You intend to leave the funds invested until you retire in 35 years. How much money will you have from this investment?

Reference no: EM13883245

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