Question: Complete the following using the future value formula or financial calculator. (Do not round intermediate calculations. Round your final answers to the nearest cent.) Time
Complete the following using the future value formula or financial calculator. (Do not round intermediate calculations. Round your final answers to the nearest cent.)
| Time | Principal | Rate | Compounded | Amount | Interest |
|---|---|---|---|---|---|
| 5 years | $3,400 | 12% | Quarterly |
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