Find the future value of the following investment. Nominal Rate Frequency of Conversion quarterly 4.2% Principal $6270.00 Time 3 years CALL The future value is (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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K
Find the future value of the following investment.
Nominal
Rate
4.2%
Principal
$6270.00
Frequency of
Conversion
quarterly
Time
3 years
CHL
The future value is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Transcribed Image Text:K Find the future value of the following investment. Nominal Rate 4.2% Principal $6270.00 Frequency of Conversion quarterly Time 3 years CHL The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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