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Problem P3-4 (similar to) Question Help Anthony and Michelle Constantino just got married and received $30,000 in cash gifts for their wedding How much will

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Problem P3-4 (similar to) Question Help Anthony and Michelle Constantino just got married and received $30,000 in cash gifts for their wedding How much will they have on their twenty fifth anniversary they place half of this money in a fixed-rate investment earning 6 percent compounded annually? Would the future value to larger or smaller if the compounding period was 6 months? How much more or less would they have earned with this shorter compounding period? Click on the table icon to view the FVIF table

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