Question: Can someone help me solve this problem? I plug into the formula and get $956.5, yet it says that I am incorrect. If your bank

Can someone help me solve this problem? I plug into the formula and get $956.5, yet it says that I am incorrect.

Can someone help me solve this problem? I plug into the formula

If your bank pays you 1.7% interest and you deposit $850 today, what will your balance be in 7 years? Answer: FV = 850 (1.017)^7 FV = 956.457322

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