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Problem 6-16 Calculating Future Values [LO1] What is the future value of $1,800 in 19 years assuming an interest rate of 7.1 percent compounded semiannually?

Problem 6-16 Calculating Future Values [LO1]

What is the future value of $1,800 in 19 years assuming an interest rate of 7.1 percent compounded semiannually? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

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Problem 6-19 EAR versus APR [LO4]

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