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This is a TVM question. I must show the work in order in the form of a TVM formula in order to receive credit. Thank
This is a TVM question. I must show the work in order in the form of a TVM formula in order to receive credit. Thank you. Please see below.
Sue now has $125. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?
a.$205.83
b.$216.67
c.$228.07
d.$240.08
e.$252.08
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