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Zanzabum
4 years ago
14

What is the future value of $1,270 in 16 years assuming an interest rate of 9 percent compounded semiannually?

Business
1 answer:
mixas84 [53]4 years ago
7 0
The future value would be $5,194.30.
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To solve this we need to use simultaneous algebraic equations.

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So the amount of bluegrass seed is 7

We can also get the amount of drought resistant seed from equation

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