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October 25, 2014

October 25, 2014

Posted by **Betty** on Monday, January 30, 2012 at 11:56am.

Calculate the future value of the investment. You must use the advertised interest rate, the number of compounding periods per year, and the time the funds will be invested. If you are not given the number of compounding periods a year, make it up.

•The principal is $25,000. This is P.

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