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On January 1, you deposited $7,200 in an investment account. The account will earn 12 percent annual compound interest, which will be added to the

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On January 1, you deposited $7,200 in an investment account. The account will earn 12 percent annual compound interest, which will be added to the fund balance at the end of each year. (Future Value of S1. Present Value of \$1. Euture Value Annutty of $1. Present Yalue. Annuity of S1. Financlal Calculatod) (Use tables, Excel, or o financial colculator.) Required: 1. What will be the balance in the account at the end of 10 years? 2. What is the interest for the 10 years? 3. How much interest revenue did the fund earn in the first year? the second year? Complete this question by entering your answers in the tabs below. What will be the balance in the account at the end of 10 years? (Round "Future Value" to nearest whole doltar amount.) On January 1, you deposited $7,200 in an investment account. The account will earn 12 percent annual compound interest, which will be added to the fund balance at the end of each year. (Euture Volue of 51 . Present Yalue of 51. Future Value Annuliy of $1. Present Yalue Annuty. of. S1. Financial Calculator) (Use tables, Excel, or a financiol colculotor.) Required: 1. What wil be the balance in the account ot the end of 10 years? 2. What is the interest for the 10 years? 3. How much interest revenue did the fund earn in the first year? the second year? Complete this question by entering your answers in the tabs below. What is the interest for the 10 years? (kound your final answer to the nearest whote dollar arnount.) On January 1, you deposited $7,200 in an investment account. The account will earn 12 percent annual compound interest, which will be added to the fund balance at the end of each year. (Future Value of \$1. Present Value of S1. Future Value Annuity of 51 . Rresent Value Annuity of S1, Einancial Calculator) (Use tobles, Excel, or a financial colculator.) Required: 1. What will be the balance in the account at the end of 10 years? 2. What is the interest for the 10 years? 3. How much interest revenue did the fund earn in the first year? the second year? Complete this question by entering your answers in the tabs below. How much interest revenue did the fund earn in the first year? the second year? (Round your final answer to the neareat whole dollar amount.)

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