xavier356 xavier356

23-12-2022
Mathematics

Answered

21. Calculate the future value of a $7,000 after 9
years, when there is an interest rate of 2.05%
with quarterly simple interest payments.
[A] $7,322.88
[D] $8,419.30
[B] $8,414.35
[E] $7,527.31
[C] $6,148.05

Answer :

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