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Write a equation that would help you calculate the future value of a savings account that pays 2.6% interest compounded monthly if the present value
- Write a equation that would help you calculate the future value of a savings account that pays 2.6% interest compounded monthly if the present value is $6,200. You will keep the savings account for 10 years and make no payments into it. (6.2)
a. FV = 6,200 (1 + 0.026/12) ^ (12*10)
b. FV = 6,200 (1 + 2.6/12) ^ (12*10)
c. FV = 6,200 (1 + 0.026) ^ (12*10)
d. FV = 6,200 (1 + 0.026/12) ^ (12)
e. None of the above
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Why Knot An Introduction To The Mathematical Theory Of Knots With Tangle
Authors: Colin Adams
1st Edition
0470413492, 978-0470413494
