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No need to show all explaination just few line with answer. a)Need to find the future value of a $15,000 money market investment at 2.8%
No need to show all explaination just few line with answer.
a)Need to find the future value of a $15,000 money market investment at 2.8% annual interest compounded daily for three years.
b)How much should be invested now to have $15,000 in six years if interest is 4% compounded quarterly?
c)A loan of $8,000 for two acres of woodland is compounded quarterly at an annual rate of 6% for ve years. Find the compound amount and the compound interest.
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