Example on compound value of the single flow, Financial Management

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Q. Example on compound value of the single flow?

Mr. X invests Rs. 1000 at 10% is compounded yearly for three years. Compute value after three years.

FV = PV (1+i) ⁿ

FV = 1000 (1+.10) ³

FV = Rs. 1,331

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