Find the future value of this loan. $24,006 at 9.6% for 7 months The future value of the loan is $ (Round tó the nearest cent as needed.)

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 16E: Mortgage What is the monthly payment on a 30-year mortgage of $80,000 at 9% interest? What is the...
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Find the future value of this loan.
$24,006 at 9.6% for 7 months
The future value of the loan is $
(Round to the nearest cent as needed.)
Transcribed Image Text:Find the future value of this loan. $24,006 at 9.6% for 7 months The future value of the loan is $ (Round to the nearest cent as needed.)
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