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    Finite Mathematics and Applied Calculus
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    Exam 3: The Mathematics of Finance
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    Calculate, to the Nearest Cent, the Future Value of an Investment
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Calculate, to the Nearest Cent, the Future Value of an Investment

Question 37

Question 37

Short Answer

Calculate, to the nearest cent, the future value of an investment of $7,000 at 1.5% per year, compounded quarterly, after 7 years.
​
$ __________

Correct Answer:

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