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Consider the following investment. (Round your answers to the nearest cent.) $5,600 at 63% compounded quarterly for 8 years (a) Find the future value
Consider the following investment. (Round your answers to the nearest cent.) $5,600 at 63% compounded quarterly for 8 years (a) Find the future value of the given amount. $ 9892.02 x (b) Interpret the future value of the given amount. After 8 years, the investment is worth $ 9892.02 Need Help? Read It Watch I 3. [-/2 Points] DETAILS JMODD8 5.2.016. Consider the following investment. (Round your answers to the nearest cent.) $14,150 at 6% compounded daily for 10 years and 182 days (ignore leap years) (a) Find the future value of the given amount. $ (b) Interpret the future value of the given amount. After 10 years and 182 days, the investment is worth $ Need Help? Read It Watch It MY NOTES
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