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6. [-/1 Points] DETAILS BRECMBC9 11.1.020. The following investment requires table factors for periods beyond the table. Using Table 11-1, create the new table factor,
6. [-/1 Points] DETAILS BRECMBC9 11.1.020. The following investment requires table factors for periods beyond the table. Using Table 11-1, create the new table factor, rounded to five places, and calculate the compound amount (in $, rounded to the nearest cent.) Principal Time Period (years) Nominal Rate (%) Interest Compounded New Table Factor Compound Amount $17,000 29 8 annually $
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