SOLUTION: Suppose you could make a single "lump sum" deposit of $7694, in an investment that provides an Annual Percentage Rate(APR) of 3% compounded monthly. Determine the Future Value(FV)
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Question 1201298: Suppose you could make a single "lump sum" deposit of $7694, in an investment that provides an Annual Percentage Rate(APR) of 3% compounded monthly. Determine the Future Value(FV) of the investment after 18 years.
Answer by josgarithmetic(39630) (Show Source): You can put this solution on YOUR website!
Again, use the one solved a couple minutes ago and learn how to do this one.
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