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1. What sum of money invested at 7% compounded quarterly will grow to $17000 in 10 years? 2. Find the future value of $8000 invested

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1. What sum of money invested at 7% compounded quarterly will grow to $17000 in 10 years? 2. Find the future value of $8000 invested at 5.5 % compounded quarterly for 7 years; 3. At what nominal rate of interest compounded quarterly will money double in 10 years

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