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Problem 2 8 - 1 6 ( Future Value for Various Compounding Periods ) Future Value for Various Compounding Periods Find the amount to which
Problem Future Value for Various Compounding Periods
Future Value for Various Compounding Periods
Find the amount to which $ will grow under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent.
a compounded annually for years
$
b compounded semiannually for years
$
c compounded quarterly for years
$
d compounded monthly for years
$
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