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    Contemporary Business Mathematics Study Set 1
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    Exam 9: Compound Interest - Future Value and Present Value
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    Determine the Proceeds of $19 000 Three Years and Three
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Determine the Proceeds of $19 000 Three Years and Three

Question 13

Question 13

Essay

Determine the proceeds of $19 000 three years and three months before the due date if interest is 7.6% compounded semi-annually.

Correct Answer:

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n = (3 + blured image blured image PV = 1900...

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