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 along with the given interest rate, r, and the number of periods, n, to calculate the of $1 in each of the cases shown in the followingtable.

Case Interest rate, Number of periods, 12%

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