What is the future value of $5,500 in 17 years at an APR of 8.4 percent...
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What is the future value of $5,500 in 17 years at an APR of 8.4 percent compounded semiannually? Input area: Deposit today Number of years APR Compounding periods per year (Use cells A6 to B9 from the given information to complete this question. Your answer should be a positive- 2 3 Output area: 4 5 Future value 16 17 $5,500 17 8.40% 2 What is the future value of $5,500 in 17 years at an APR of 8.4 percent compounded semiannually? Input area: Deposit today Number of years APR Compounding periods per year (Use cells A6 to B9 from the given information to complete this question. Your answer should be a positive- 2 3 Output area: 4 5 Future value 16 17 $5,500 17 8.40% 2
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To calculate the future value FV of a deposit compounded semiannuall... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
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