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OpenStudy (anonymous):
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OpenStudy (anonymous):
OpenStudy (the_fizicx99):
fv = future value pv = present value You're solving for fv, plug in what you know fv=pv(1+i)^t fv = 11,850(1 + 0.10)^8 fv = 11,850(1.10)^8 fv = 11,850(2.14358881) Future value = 25,401.5273985
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