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Use a financial calculator or computer software program to answer the following questions:

a. What would be the future value (FV) of $15,555 invested now if it earns interest at 14.5 percent for seven years?

b. What would be the FV of $19,378 invested now if the money remains deposited for eight years and the annual interest rate is 18 percent?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92873108

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