What is the future value of $8500 after 5 1/2 years if it earns 1.2% compounded quarterly?
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What is the future value of $8500 after 5 1/2 years if it earns 1.2% compounded quarterly?
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We know that F P1 rn nt where F Future value P Present Value or Principal r interest rate n number ...View the full answer
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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