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For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Years
For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Years Future Value Interest Rate 16 % Present Value $ 3,050 8,653 91,305 229,382 8 8 21 15 31 9 4 For each of the following, compute the present value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Years 11 3 15 Interest Rate 5 % 10 Future Value $ 17,828 42,017 795,382 652,816 13 20 12
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