ak: Chapter 19 Saved Complete the following using the future value formula or financial calculator. (Do...

Question

Question

business finance

Answer 1

Answer #1

Future Value = Present Value (1+r)^n = $17,200 * (1+0.02)^11 = $17,200 * 1.02-11 = $17,200 * 1.2434 = $21,386.48 Interest Amo

Answer 2

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