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You invest $3,100 for three years at 15 percent. Use Appendix A. (Use a Financial calculator to arrive at the answers. Round the final answers
You invest $3,100 for three years at 15 percent. Use Appendix A. (Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.) a. What is the value of your investment after one year? Value of investment $ b. What is the value of your investment after two years? Value of investment $ c. What is the value of your investment after three years? Value of investment $ d. What is the future value of $3,100 in 3 years at 15 percent interest? $
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