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ONLY NEED PART D a. What is the future value in six years of $1,600 invested in an account with an APR of 9 percent,
ONLY NEED PART D
a. What is the future value in six years of $1,600 invested in an account with an APR of 9 percent, compounded annually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the future value in six years of $1,600 invested in an account with an APR of 9 percent, compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the future value in six years of $1,600 invested in an account with an APR of 9 percent, compounded monthly? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. What is the future value in six years of $1,600 invested in an account with an APR of 9 percent, compounded continuously? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Step by Step Solution
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