angie94071 angie94071

17-11-2021
Business

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If the going interest rate is 5% compounded annually, what is the future value (FV) of $1000 in 3 years

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hunchomar314 hunchomar314

19-11-2021

Answer:

Your final balance after 3 years of 5% interest rate would be $1,157.63 with a total compound interest of $157.63

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