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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.) Collapse question

Exercise 6-3 (Part Level Submission) Using the appropriate interest table, answer each of the following questions.

(Each case is independent of the others.)

Collapse question part

(a) Click here to view factor tables What is the future value of $7,020 at the end of 7 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

The future value $

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