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What is the future value of $1,700 in 20 years at an APR of 7 percent compounded semiannually? (Do not round intermediate calculations and round
What is the future value of $1,700 in 20 years at an APR of 7 percent compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) You are planning to make monthly deposits of $380 into a retirement account that pays 10 percent interest compounded monthly. If your first deposit will be made one month from now, how large will your retirement account be in 30 years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) The appropriate discount rate for the following cash flows is 10 percent compounded quarterly. What is the present value of the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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