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For each of the following, compute the future value (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your
| For each of the following, compute the future value (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)): |
| Present Value | Years | Interest Rate | Future Value | |||||||||||
| $ | 3,150 | 6 | 13 | % | $ | |||||||||
| 8,453 | 19 | 7 | $ | |||||||||||
| 89,305 | 13 | 9 | $ | |||||||||||
| 227,382 | 21 | 5 | $ | |||||||||||
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Finance And Financial Intermediation
Authors: Harold L. Cole
1st Edition
0190941707, 978-0190941703
