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What is the future value of $1,000 after six months earning 12% annually?

What is the future value of $1,000 after six months earning 12% annually?
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What is the future value of $1,000 after six months earning 12% annually?

User Biribu
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$1,060

after six months you would have earned 6%
1% of $1000 is $10
so 6% is $60
just add it to the $1000
User JamesL
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9.4k points
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