Question: Use the formula for computing future value using compound Interest to determine the value of an account of the end of 7 years principal amount
Use the formula for computing future value using compound Interest to determine the value of an account of the end of 7 years principal amount of 10.000 deposited in an account at an annual interest rate of 6% and the interest is compounded quarterly The amount after 7 years will be $ (Round to the nearest cant as needed Help
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