Question: Calculating Future Values: Compute the future value of $3,200 compound annually for Me: a. 10 years at6%, b. 10 years at 8%, c. 20 years
Calculating Future Values: Compute the future value of $3,200 compound annually for Me: a. 10 years at6%, b. 10 years at 8%, c. 20 years at 6% Me: d. Why is the interest earned in part (c) not twice the amount earned in part (a)?
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