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How much will $ 2 3 , 0 0 0 grow to in Seven years, assuming an interest rate of 1 2 % compounded annually?

How much will $23,000 grow to in Seven years, assuming an interest rate of 12% compounded annually? (FV of $1, PV of $1, FVA of $1, and PVA of $1).(Use appropriate factor(s) from the tables provided.)

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Foundations of Financial Management

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