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Max invested $2514.00 in a 280-day term deposit at 3.48% p.a. Using the future value formula, S = P(1 + rt), determine how much
Max invested $2514.00 in a 280-day term deposit at 3.48% p.a. Using the future value formula, S = P(1 + rt), determine how much the investment will be worth at maturity. The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Financial Management Theory and Practice
Authors: Eugene F. Brigham, Michael C. Ehrhardt
15th edition
130563229X, 978-1305632301, 1305632303, 978-0357685877, 978-1305886902, 1305886909, 978-1305632295
