If you deposit $200 in the bank today, what is its future value at the end of

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If you deposit $200 in the bank today, what is its future value at the end of three years if it is invested in an account paying 12% annual interest, assuming annual compounding?

If using a financial calculator-show equation. If using excel, please show equations and inputs.

Related Book For answer-question

Calculus

ISBN: 978-0131429246

9th edition

Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon

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Posted Date: Jan 20, 2020 11:09 AM

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If you deposit $200 in the bank today, what is its future value at the end of

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Calculus

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