Question: Problem 5.4 Computing Future Value [LO5.4] What would be the value of a savings account started with $3,800, earning 8 percent (compounded annually) after 14
Problem 5.4 Computing Future Value [LO5.4] What would be the value of a savings account started with $3,800, earning 8 percent (compounded annually) after 14 years? Use Exhibit 1-A. (Round time value factor to 3 decimal places and final answer to 2 decimal places.)
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