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Solve using the compound interest formula FV=PV(1+i)n. a. Find FV, when PV=$2,441.00,i=0.055,n=1412 b. Find PV, when FV=$4,285.12,i=0.00575,n=41
Solve using the compound interest formula FV=PV(1+i)n.
a. Find FV, when PV=$2,441.00,i=0.055,n=1412
b. Find PV, when FV=$4,285.12,i=0.00575,n=41
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
7th Edition
0357442040, 978-0357442043
