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Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.) $250 at 62% simple interest for 2 years 4 %$4 Need Help? Read It

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter4: Managing Your Cash And Savings

Section: Chapter Questions

Problem 7FPE: Calculating interest earned and future value of savings account. If you put 6,000 in a savings...

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Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.)
$250 at 62% simple interest for 2 years
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