Question: Please answer the following question. show working and please explain. just answer number 2. 1. Determine the future value on a savings of $5,000 for
1. Determine the future value on a savings of $5,000 for 6 years (N) compounded quarterly, at 3% per annum. 2. Determine and compare using same information on #1 above but compounded monthly. Vanh ONE NON loon wand
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