Question: Exercise 6-3 (Part Level Submission) Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) (a) Click
Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.)
(a)
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What is the future value of $8,160at the end of7periods at8% compounded interest?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
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