What is the future value of $8500 after 5 1/2 years if it earns 1.2% compounded quarterly?
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What is the future value of $8500 after 5 1/2 years if it earns 1.2% compounded quarterly?
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We know that F P1 rn nt where F Future value P Present Value or Principal r interest rate n number ...View the full answer
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Benedict Salazar
Back in my college days, I was already a tutor at a tutorial center where I was tutoring grades 1 up to 10. I often tutor mathematics and sciences because most of my students are having difficulty on those subjects. After I graduated BS Chemical Engineering, I took the licensure exam, passed, and became a licensed Engineer. After getting my license, my first job was teaching at a University. I’ve been teaching for almost 4yrs now. During those years, I took my Masters degree in Environmental Engineering and finished it by the year 2019. Teaching at the University gave me this sense of fulfillment in molding students to become critical thinkers, effective decision makers, and socially responsible Christians. Teaching and tutoring is my profession and also my passion. Currently, I’m a professional lecturer 3 (PL3) rank in the University, and continuing to teach minds, touch hearts, and transform lives.
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Related Book For 
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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