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Use Tables 12-1 and 12-2 from Your Text to Answer

Question 94

Short Answer

Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Suppose a bank pays 11% interest, compounded annually. Use the appropriate formula to find the future value of $1,300 deposited at the END of every year, for 9 years.

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