Question: Without referring to the preprogrammed function on your financial calculator, use the basic formula for future value along with the given interest rate, r, and

Without referring to the preprogrammed function on your financial

calculator,

use the basic formula for future value along with the given interest rate,

r,

and the number of periods,

n,

to calculate the future value of $1 in the case shown in the following table

14% interest rate and 9 periods

The future value of $ 1 is ? Round to 3 decimals

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