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Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.) $119,900 at 5.5% compounded continuously for 20 years $

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter1: Understanding Personal Finance

Section1.4: Perform Time Value Of Money Calculations

Problem 3CC

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Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.)

$119,900 at 5.5% compounded continuously for 20 years

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