Question: Compute the future value and the compound interest earned for the following investment. Use Tables 16-1A&B or a calculator. Future Compound Principal Interest Rate Time
Compute the future value and the compound interest earned for the following investment. Use Tables 16-1A&B or a calculator.
Future
Compound
Principal
Interest Rate
Time
Value
Interest
$25,000
9% compounded annually
5 years
__________
__________
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