Question: B 46 Practice 6: Solving for FV with Multiple Cash Flows 47 PMT 48 n = Number of Periods 49 /=rate 50 51 FV 52

B 46 Practice 6: Solving for FV with Multiple Cash Flows 47 PMT 48 n = Number of Periods 49 /=rate 50 51 FV 52 Formula 53 $ 1,000 45 12% $1,358,230.03 C D Syntax FV(rate,nper,pmt,pv,type) - Correct! E Problem Anna is 20 years old. She starts investing $1,000 every year in a bank account that pays 12 % paid annually. What will be the balance after 45 years? F

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