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Question:

What is the future value in 7 years of $1,700 invested in an account with a stated annual interest rate of 9 percent.

  • Compounded annually?
  • Compounded semiannually?
  • Compounded monthly?
  • Compounded continuously?

Note: Provide support for your rationale.

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  • Category:- Basic Finance
  • Reference No.:- M91149286

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