SOLUTION: What would be the compound amount after 19 years on an investment of $42,000 with an 11% interest rate compounded annually?

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Question 828376: What would be the compound amount after 19 years on an investment of $42,000 with an 11% interest rate compounded annually?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
FV=42000(1.11)^19
FV=42000(7.2633)
FV=$305,060.00