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Aneli [31]
3 years ago
15

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:
Lemur [1.5K]3 years ago
7 0
Future value formula:
FV=PMT((1+i)^n-1)/(i)
=>
F=65*(1.02^27-1)/.02
=2297.38
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