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adell [148]
3 years ago
7

Hey, my assignment is due in a few hours totally blew over me . Would appreciate some help !

Mathematics
1 answer:
NeTakaya3 years ago
5 0

HOPE THIS HELPS!!!!!!!!!!!!!! :)

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Answer:

The future value is $3793.776

Step-by-step explanation:

Given

PV = 2940 --- present value

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Required

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This is calculated using:

FV = PV(1 + \frac{r}{n})^{nt

So, we have:

FV =2940 * (1 + \frac{3.2\%}{4})^{4*8

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FV =2940 * (1.008)^{32

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2 years ago
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GenaCL600 [577]
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