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Find the future value for each of the following scenarios, where m is the periodic deposit and r is the interest rate. time in years
Find the future value for each of the following scenarios, where m is the periodic deposit and r is the interest rate.
time in years compounding frequency annually future value interest earned m r $500 7.4% 12 $ $ $375 7.2% semiannually 15 $ $ $225 2.9% quarterly 5 $ $ $175 3.8% monthly 10 $ $ $100 5.9% weekly 13 $ $Step by Step Solution
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