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help 9 Suppose that you imest $3,000 at 6% interest, compound quarterly, foe 5 years. use Tabie 111 to calculate the compound irterest {in 3
help 9
Suppose that you imest $3,000 at 6% interest, compound quarterly, foe 5 years. use Tabie 111 to calculate the compound irterest \{in 3 ) an your investment, TABLE 11-1 Compound interest Table (Future Value of 51 at Compound interest) The values in Table 11=1 were generated by the fommula fy =(1+ in rounded to five decimal places, where o is the interent rate per pernod and n is the total nunher of pariods Step by Step Solution
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