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22 November, 09:28

Future value = p * (1 i) t if you save $3,000 at an interest rate of 14 percent per year, how much will you have at the end of six years?

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  1. 22 November, 10:40
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    Fv=p (1+i) ^t

    Fv=3000 (1+0.14) ^6

    Fv=6,584.92
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