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You start with $1000. You receive 10% interest paid monthly. How much will you receive after 5 years. Use the FV() function. Look it up

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You start with $1000. You receive 10% interest paid monthly. How much will you receive after 5 years. Use the FV() function. Look it up in the e-book if you do not know how to use the function. TIP: This is monthly so do not forget to adjust the interest rate and number of payments

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