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Exercise 6-3 (Part Level Submission) Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) (a) Click
Exercise 6-3 (Part Level Submission)
Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.)
(a)
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What is the future value of $8,160at the end of7periods at8% compounded interest?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
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