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expeople1 [14]
3 years ago
7

Use the future value formula to find the indicated value. n=27​; i=0.02​; PMT=$65​; FV=? FV=$(round to the nearest cent)

Mathematics
1 answer:
Assoli18 [71]3 years ago
8 0
Future value formula:
F=A((1+i)^n-1)/i
=65(1.02^27-1)/.02
=2297.38
=2297.38 (nearest cent)
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