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Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) Click he What is the future value
Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) Click he What is the future value of $7,020 at the end of 7 periods at 8% compounded interest? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places,e.g. 458,581) The future value LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE Click here to view factor tables 1.2512. and fina what is the present value of $7,020 due 8 periods hence, discounted at 6%? (Round factor values to 5 dec ma, places, eg places, e.g. 458,581. answ erto decimal The present value LINK TO TEXT LINK TO TEXT LINK TO TEXT VIDEO: SIMILAR EXERCISE
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