How much will $3,000 invested at the end of each year grow to in 4 years, assuming an interest rate of 11% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1, PV of $1, FVA of $1, and PVA of $ Multiple Choice $13,663 $14,129 $12,729 ○ $13,200
How much will $3,000 invested at the end of each year grow to in 4 years, assuming an interest rate of 11% compounded annually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (FV of $1, PV of $1, FVA of $1, and PVA of $ Multiple Choice $13,663 $14,129 $12,729 ○ $13,200
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 9PROB
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