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Calculate, to the nearest cent, the future value /V of an investment of sto,000 at the stated interest rate a fter the stated amount of
Calculate, to the nearest cent, the future value /V of an investment of sto,000 at the stated interest rate a fter the stated amount of time. HINT [See Quick Examples i and 2.) 2% per year, compounded annualy, after 12 years and 2.) of $10,000 at the stated interest rate after the stated amount of time. HINT ISee Quick Examples 1 Caloulate, to the nearest cent, the future value FV of an investment yers 7% per year, compounded daily (assume 365 days/year), after a e after the stated amount of time. HINT (See Quikk Example 4.) (Round your answer t Calculate the present value PV of an investment the nearest cent.) 3 years, at 9% per year, compounded annually
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