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Suppose $23,000 is invested at an annual rate of 5% for 13 years. Find the future value if interest is compounded as fol
Posted: Sun Sep 05, 2021 5:11 pm
by answerhappygod
- Suppose 23 000 Is Invested At An Annual Rate Of 5 For 13 Years Find The Future Value If Interest Is Compounded As Fol 1 (25.49 KiB) Viewed 76 times
Suppose $23,000 is invested at an annual rate of 5% for 13 years. Find the future value if interest is compounded as follows. a. Annually b. Quarterly c. Monthly d. Daily (365 days) e. Continuously a. Compounded annually, the future value is $ (Do not round until the final answer. Then round to the nearest cent as needed.)