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Question 1 For each of the following, compute the future value: Present value Years Interest rate Future value $ 1,975 11 13% $ 6,734 7

Question 1

For each of the following, compute the future value:

Present value

Years

Interest rate

Future value

$ 1,975

11

13%

$ 6,734

7

9%

$ 81,346

14

12%

$ 192,050

8

6%

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