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Exam 1 Practice i Saved Help Save & Exit Submit Check my work 1 You are quoted an interest rate of 9% on an investment
Exam 1 Practice i Saved Help Save & Exit Submit Check my work 1 You are quoted an interest rate of 9% on an investment of $4 million. What is the value of your investment after seven years if interest is compounded as follows? (Enter your answers in dollars, not millions of dollars. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) a. Annually Future value $ 7,312,156 b. Monthly Future value $ 7,492,808 Assessment Tool iFrame c. Continuously Future value
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