12. BUSINESS EXPANSION Village Hardware expands its business at a cost of $20,000. They expect that the

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12. BUSINESS EXPANSION Village Hardware expands its business at a cost of $20,000. They expect that the investment will grow at a rate of 10% per year compounded annually for the next 4 years. (a) Find the future value of the investment. (b) Find the present value of the amount found in part (a) at a rate of 6% compounded annually. Round to the near- est dollar at each step.

Posted Date: May 18, 2024 09:14 PM

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12. BUSINESS EXPANSION Village Hardware expands its business at a cost of $20,000. They expect that the

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