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What is the future value of $11,600 invested for 17 years at 7.25 percent compounded annually? Simple Interest = PV + PVrt FV=PV(1 + r)'

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What is the future value of $11,600 invested for 17 years at 7.25 percent compounded annually? Simple Interest = PV + PVrt FV=PV(1 + r)' PV = FV/ (1 + r) r= (FV/PV) - 1 PV=Cl APR= period rate * number of periods per year 1 - 1 (1+r) PV FV-o[+ -] EAR - [1+ APR]

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