Calculate the total accumulated value four years from now of $3,000 invested today and $9,000 invested...

 

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Calculate the total accumulated value four years from now of $3,000 invested today and $9,000 invested two years later, implied by the table of current spot rates below. (Round your answer to the nearest cent.) 69 Term in years Spot rate 1 2.50% 2 3 4 5 3.25% 3.90% 4.55% 4.70% Calculate the total accumulated value four years from now of $3,000 invested today and $9,000 invested two years later, implied by the table of current spot rates below. (Round your answer to the nearest cent.) 69 Term in years Spot rate 1 2.50% 2 3 4 5 3.25% 3.90% 4.55% 4.70%

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To calculate the total accumulated value four years from now we need to find the future value of eac... View the full answer