If ($ 34,500) is invested at (6.9 %) for 30 years, find the future value if the

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If $\$ 34,500$ is invested at $6.9 \%$ for 30 years, find the future value if the interest is compounded:

a. annually

b. semiannually

c. quarterly

d. monthly

e. daily

f. every minute g. continuously h. simple (not compounded)

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Nature Of Mathematics

ISBN: 9781133947257

13th Edition

Authors: Karl J. Smith

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Question Posted: Jan 27, 2024 12:06 PM

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If ($ 34,500) is invested at (6.9 %) for 30 years, find the future value if the

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Sure we can calculate the future value of an investment given various interest compounding frequencies Well use this formula for all calculations Futu...View the full answer

Nature Of Mathematics

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