Question: Can someone please explain what im doing wrong here, i do not understand why the future value is incorrect. Thanks Chapter 6 HW Saved Help

 Can someone please explain what im doing wrong here, i do

Can someone please explain what im doing wrong here, i do not understand why the future value is incorrect. Thanks

Chapter 6 HW Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question Bill O'Brien would like to take his wife, Mary, on a trip three years from now to Europe to celebrate their 40th anniversary. He has just received a $23,000 inheritance from an uncle and intends to invest it for the trip. Bill estimates the trip will cost $32,200. (FV of $1. PV of $1. EVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 0.8 points What interest rate, compounded annually, must Bill earn to accumulate enough to pay for the trip? (Round your final answers to nearest whole dollar amount.) 32313.344 Answer is complete but not entirely correct. Solve for i Present Value: C % | $ 23,000 x 12% 32,313 Future Value $ No 0 it 1 +

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