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need help with question 3 and 4 What's the future value of $17,000 after 5 years if the appropriate annual interest rate is 7%, compounded
need help with question 3 and 4
What's the future value of $17,000 after 5 years if the appropriate annual interest rate is 7%, compounded monthly? Question 4 ( 1 point) What's the present value of a 12-year ordinary annuity of $3,750 per year plus an additional $17,000 at the end of Y ear 12 if the interest rate is 4.25% Step by Step Solution
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