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o CONSUMER MATHEMATICS Finding the future value and interest for an investment The Carters are saving up to go on a family vacation in 3
o CONSUMER MATHEMATICS Finding the future value and interest for an investment The Carters are saving up to go on a family vacation in 3 years. They invest $2900 into an account with an annual interest rate of 1.38% compounded annually. Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas Assuming no withdrawals are made, how much money is in the Carters (a) account after 3 years? ? X (b) How much interest is earned on the Carters' investment after 3 years
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