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Ch 0 End-of Chapter Problems - Managing Your Cash and Savings Back Keep the hest/ 4. CM04 Financial Planning Exercise elek Chapter 4 Financial Planning
Ch 0 End-of Chapter Problems - Managing Your Cash and Savings Back Keep the hest/ 4. CM04 Financial Planning Exercise elek Chapter 4 Financial Planning ence Calculating interest earned and future value of savings account If you put $3.000 in a savings account that pays interest at the rate of percent, compounded annually how much will you have in six years? Hound the answer to the nearestent Round Fv factor to three decimal places Hint Use the future value formula) b. how much interest will you can during the Year Round the wee to the worst cent. c. If you put 1,000 at the end of each year into a savings account that was interest of the rate of
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