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.) Collapse 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.)

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(a) Click here to view factor tables What is the future value of $7,020 at the end of 7 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

The future value $

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