In order to find the future worth, F, from a present amount, P, 5 years from now
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In order to find the future worth, F, from a present amount, P, 5 years from now at an interest rate of 12% per year, compounded quarterly, what interest rate must be used in the F∕P factor, (F∕P,i%,n), when n is
(a) 5,
(b) 10,
(c) 20?
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