Question: Find the future value (compound amount) and compound interest. Use Table 13-1 or the future value and compound interest formula. See examples 3 and 4.

Find the future value (compound amount) and compound interest. Use Table 13-1 or the future value and compound interest formula. See examples 3 and 4.
A loan of $1,000 at 12% compounded monthly for two years?

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