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What formula was used to get FV? PV = 57,110; PMT = 4,000; N = 12; I/Y = 17.10%/2 = 8.55%, solve for FV. FV

What formula was used to get FV?

PV = 57,110; PMT = 4,000; N = 12; I/Y = 17.10%/2 = 8.55%, solve for FV.

FV = 74,421.57

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