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Find the future value. (Use the Table 12.1.) (Do not round intermediate calculations. Round the FV factor to 4 decimal places and final answer to
Find the future value. (Use the Table 12.1.) (Do not round intermediate calculations. Round the "FV factor" to 4 decimal places and final answer to the nearest cent.)
| Present value | Length of time | Rate | Compounded | On FV Table 12.1 | FV factor used | Future value | |
| Period used | Rate used | ||||||
| $7,692.96 | 7 years | 12% | Quarterly | 28 | 3% | $ | |
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Finance For Freelancers Financial Intelligence
Authors: Andrew Holmes
1st Edition
1408101165, 978-1408101162
