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What is the future value of $1250 (today) after 5 years at 6% APR compounded monthly? Round to the nearest dollar. 2. What is
What is the future value of $1250 (today) after 5 years at 6% APR compounded monthly? Round to the nearest dollar. 2. What is the future value of $245 in six years? The interest rate (APR) is 4%, compounded monthly. Round to the nearest dollar. 3. What is the present value of $300 monthly payments paid over three years at an APR of 6% compounded monthly? Round to the nearest dollar. 4. What is the present value of a single payment of $245 at the end of the third year? The interest rate (APR) is 4%, compounded yearly. Round to the nearest dollar. 5. What is the future value of $1250 (today) after 5 years at 6% APR compounded annually? Round to the nearest dollar
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Financial Algebra Advanced Algebra With Financial Applications
Authors: Robert Gerver, Richard J. Sgroi
2nd Edition
1337271799, 978-1337271790
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