Help with Financial Management

User Generated

fcnevfu

Mathematics

Description

Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent).

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Explanation & Answer

A= P*(1+r/100)^n

For example P =1000 n =3 r =10%

A =1000*(1.1)^3= 1000*1.331= 1331


Anonymous
This is great! Exactly what I wanted.

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