Question: Using provided data, solve for future value. When calculating (1 +1/Y)^N, round your answer to four decimal places. Use your rounded answer to calculate

Using provided data, solve for future value. When calculating (1 +1/Y)^N, round your answer to four decimal places. Use your rounded answer to calculate FV; enter FV rounded to the nearest dollar. When entering (1+1/Y) into the formula, be sure to solve for (1+1/Y) and then enter the result rounded to two decimal places. PV FV Annual Interest Rate im n (Number of years) N: (Number of compounding periods) Compounded M Encts $169,000 Formula Method 24% 2% 2 24 Monthly
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