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For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Future Value | Annual Payment | Years | Interest Rate | |||||||||||
| $ | $ | 1,610 | 10 | 6 | % | |||||||||
| 7,200 | 39 | 7 | ||||||||||||
| 3,850 | 9 | 4 | ||||||||||||
| 8,570 | 33 | 8 | ||||||||||||
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Capital Budgeting
Authors: Pamela P. Peterson
1st Edition
0471218332, 9780471218333
