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Find the future value in five years of an investment of $107,000 made today that earns 7.50 percent for the

following compounding periods: (Round your final answer to the nearest penny.)

Value of investment after 5 years

a. Quarterly $

b. Monthly $

c. Daily $

d. Continuous $

Top Answer

a) Future value = $155,144.44 b) Future... View the full answer

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