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Calculate to the nearest cent, the future value of an investment of $14,000 at 4.25% per year, compounded quarterly (4 times per year), after 7
Calculate to the nearest cent, the future value of an investment of $14,000 at 4.25% per year, compounded quarterly (4 times per year), after 7 years. OFV = $18,821.28 OFV = $ 14,607.35 OFV = $44.901.19 FV = $18.735.29 FV = $15.075.03 Calculate, to the nearest cent, the present value of an investment that will be worth $16,000 after 7 years, at 7.4% compounded quarterly PV = $9,546.55 OPV = $15,326.06 PV = $9,707.11 PV = $15,337.91 PV = $ 9,576.59
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