# Math

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compound and interest
Using the below values please calculate the amount accumulated (future value)
*Initial principal=\$2000

*Interest Rate=9%

*Number of years 7

*Monthly compounding

• Math -

This seems like an economics question to me.. If you want to find the value for the future? You do \$2000 x (1.09)^ 7 put this into your calculator exactly as I have it here to get your answer.

• Math -

More detils plese..

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