Question: Lump Sum Problem: Plugin Amounts for each given variable to receive partial credit, in case your answer is incorrect. Determine how much $2,000 deposited in

Lump Sum Problem: Plugin Amounts for each given variable to receive partial credit, in case your answer is incorrect.

Determine how much $2,000 deposited in a savings account paying 12%compounded monthly will be worth after 5 years.

PV =

FV =

r=

n=

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