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For the case in the following? table, find the future value at the end of the deposit? period, assuming that interest is compounded continuously at the given nominal annual rate.

Amount of initial deposit: $2,900

Nominal annual rate, r: 13%

Deposit period (years), n: 9

The future value at the end of the deposit period is $__?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92312424

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