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A financial advisor recommends that a client deposit $2300 into a fund that earns 7.5% annual interest compounded monthly. What will be the value of the investment after 3 years…
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A financial advisor recommends that a client deposit $2300 into a fund that earns 7.5% annual interest compounded monthly. What will be the value of the investment after 3 years…
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May 1, 2018
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A financial advisor recommends that a client deposit $2300 into a fund that earns 7.5% annual interest compounded monthly. What will be the value of the investment after 3 years? Round to the nearest cent.
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Domarm
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if im right the answer should be $2787.88
Mark Galeck
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May 8, 2018
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Mark Galeck
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