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    Exam 8: Compound Interest: Future Value and Present Value
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    To What Amount Did $12,100 Grow After 3¼ Years If
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To What Amount Did $12,100 Grow After 3¼ Years If

Question 17

Question 17

Short Answer

To what amount did $12,100 grow after 3¼ years if it earned 7.5% compounded monthly?

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