Question
Find the future value of the following investment. Principal Nominal Rate Frequency of Conversion Time $6450.00 5.5% annually 7years The future value is $__ (Round
Find the future value of the following investment.
| Principal | Nominal Rate | Frequency of Conversion | Time |
| $6450.00 | 5.5% | annually | 7years |
The future value is $__
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
4th Edition
0077262379, 978-0077262372
