Find the future value F of the given principal under compound interest for the time period...
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Find the future value F of the given principal under compound interest for the time period and interest rate specified. Round your answer to the nearest cent. P = $12,000, t = 13 years, r = 2.75% compounded monthly Find the future value F of the given principal under compound interest for the time period and interest rate specified. Round your answer to the nearest cent. P = $12,000, t = 13 years, r = 2.75% compounded monthly
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We can use the formula for the future value of a lump sum under compound interest F P 1 rn... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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