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    Contemporary Business Mathematics Study Set 1
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    Exam 9: Compound Interest - Future Value and Present Value
  5. Question
    Find the Compound Interest Earned by $1910 Invested at 7
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Find the Compound Interest Earned by $1910 Invested at 7

Question 86

Question 86

Essay

Find the compound interest earned by $1910 invested at 7.5% compounded semi-annually for seven years.

Correct Answer:

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PV = 1910.00; i = 0.0375; n = ...

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