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Question(s) / Instruction(s):

                Initial Investment            Annual Rate       Interest Compounded   Period Invested               

1.            $7,000                                     6%                                        Annually                              6 years    

2.            4,700                                     10                                              Semi-annually                                6 years 

3.            8,500                                     8                                              Quarterly                             1 year   

Required:

Calculate the future value of the following single amounts.

 

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