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What is the future value of $ 1 1 , 6 0 0 invested for 1 7 years at 7 . 2 5 percent compounded

What is the future value of $

11, 600

invested for

17

years at

7.25

percent compounded annually?

Note: You may use the following blank Excel spreadsheet to calculate the answer to the question: Excel Spreadsheet.xlsxDownload Excel Spreadsheet.xlsx

(

CLO

3)

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