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Compute the intrest rate on each investment The principal values for the following are 12,000 and the second value is 12,000 For the first fund
Compute the intrest rate on each investment
The principal values for the following are
12,000 and the
second value is 12,000
For the first fund the FV= 37,600
The second fund the FV=40,500
Use the formula FV=p(1+I)^n convert i to apr rate of 6%
Find the values of both investments over time from 2003-2020
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