Question: For each deposit, calculate the future value given the stated interest rate, compounding period and number of years Number of Compounding Deposit Periods in Initial

For each deposit, calculate the future value given the stated interest rate, compounding period and number of years Number of Compounding Deposit Periods in Initial Interest Periods Future the Year Deposit ($) Rate(%) (Yrs) Value (5) 1 300 20 8 2 600 9 12 900 6 4 18 Number of Compounding Periods in the Year 1 Initial Deposit ($) 300 Interest Rate(%) 20 Deposit Periods (Yrs) 8 Future Value (5) (Round to the nearest cent.) (Round to the nearest cent) (Round to the nearest cent) 2 600 9 18 12 900 6 4

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