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Find the future value of an investment of $2,600 made today for the following rates and periods: (Do not round intermediate calcul Round final answer
Find the future value of an investment of $2,600 made today for the following rates and periods: (Do not round intermediate calcul
Round final answer to 2 decimal places, e.g. 2,515.25.)
the problem.)
a. 6.25 percent compounded semiannually for 12 years. Future value $
b. 7.63 percent compounded quarterly for 6 years. Future value $
c. 9.0 percent compounded monthly for 10 years. Future value $
d. 10.95 percent compounded daily for 3 years. Future value $
e. 8 percent compounded continuously for 2 years. Future value $
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