Question: P16. Use a financial calculato or computer software program to answer the following questions: A. What would be the future value of $15,555 invested now
P16.
Use a financial calculato or computer software program to answer the following questions:
A. What would be the future value of $15,555 invested now if it earns interest at 14.5 percent for seven years?
B. What would be the future value of $19,378 invested now if the money remains deposited for eight years and the annual interest rate is 18 percent?
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