Question: Use technology to apply the future value ( FV ) function and to answer the following questions. a . What is the balance in an
Use technology to apply the future value FV function and to answer the following questions.
a What is the balance in an account after years with monthly deposits of $ and an APR of
b If you double the APR in part a is the balance double, more than double, or less than double the balance in part a
c If you double the number of years in part a is the balance double, more than double, or less than double the balance in part a
a The balance in the account after years is $
Round to the nearest cent as needed.
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