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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 24

Question 24

Short Answer

Calculate, to the nearest cent, the future value of an investment of $12,000 at 0.4% per month, compounded monthly, after 8 years.
​
​FV​ = $ __________

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