Can someone help me solve this problem I plug into the formula and get $956 5, yet it says that I am incorrect If your bank pays you 1 7 interest and you deposit $850 today, what will your balance be in 7 years Answer FV 850 (1 017) 7 FV 956 457322

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Can someone help me solve this problem? I plug into the formula and get $956.5, yet it says that I am incorrect. If your bank

Can someone help me solve this problem? I plug into the formula and get $956.5, yet it says that I am incorrect.

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If your bank pays you 1.7% interest and you deposit $850 today, what will your balance be in 7 years? Answer: FV = 850 (1.017)^7 FV = 956.457322

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