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Question 7 (of 11) Score This Question value: 9.09 points Problem 6-16 Calculating Future Values [LO1] What is the future value of $3,000 in 20

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Question 7 (of 11) Score This Question value: 9.09 points Problem 6-16 Calculating Future Values [LO1] What is the future value of $3,000 in 20 years assuming an interest rate of 8.3 percent compounded semiannually? (Do not round Intermediate calculations and round your answer to 2 decimal places, eg. 32. 16.) Future value References eBook & Resources Worksheet Difficulty: Basic Problem 6-16 Calculating Future Values (L01] Leaming Objective: 06-01 How to determine the future and present Value of Investments with multiple cash flows, Check my work

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