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Use the formula S-P(1+r) to complete parts (a) and (b). a. Graph the function that gives the future value of $70,000 invested at 5%,
Use the formula S-P(1+r) to complete parts (a) and (b). a. Graph the function that gives the future value of $70,000 invested at 5%, compounded annually, for t years, Osts 12. b. Find the future value of $70,000 invested for 15 years at 5% compounded annually. a. Choose the correct graph below. 150000 b. The future value is $ (Round to the nearest cent as needed.) 00 AS 150000- 150000- 150000 a a B a B
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