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Which comes closest to the future value of $575 to be received at the end of 7 years, if the amount earns an annual interest rate of 8% and is compounded 12 times per year? $985.45 $335.51 $329.06 $10
asked
Aug 28, 2024
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Which comes closest to the future value of $575 to be received
at the end of 7 years, if the amount earns an annual interest rate
of 8% and is compounded 12 times per year?
$985.45
$335.51
$329.06
$10
Business
high-school
Blackdad
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The answer is 329.06
Seb Wilgosz
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Sep 1, 2024
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Seb Wilgosz
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