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Please answer both questions #1 and #2. If the problem can be solved using a HP 10bII+ Financial Calculator, please include the steps used on
Please answer both questions #1 and #2. If the problem can be solved using a HP 10bII+ Financial Calculator, please include the steps used on the calculator if possible. Thank you!
1.)
2.)
Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) (a) Click here to view factor tables. What is the future value of $7,160 at the end of 5 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The future value \$ Using the appropriate interest table, answer the following questions. (Each case is independent of the others.) (a) Click here to view factor tables. What is the future value of 24 periodic payments of $4,390 each made at the beginning of each period and compounded at 8% ? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The future value \$Step by Step Solution
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