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use the basic formula for future value along with the given interest rate, r, and the number of periods, n, to calculate the future value

use the basic formula for future value along with the given interest rate,

r,

and the number of periods,

n,

to calculate the future value of $1 in the case shown in the following table

14% interest rate and 9 periods

The future value of $ 1 is ? Round to 3 decimals

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