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Use a financial calculator or computer software program to answer the following questions: a. What would be the future value (FV) of $15,555 invested now
Use a financial calculator or computer software program to answer the following questions:
- a. What would be the future value (FV) of $15,555 invested now if it earns interest at 14.5 percent for seven years?
- b. What would be the FV of $19,378 invested now if the money remains deposited for eight years and the annual interest rate is 18 percent?
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