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QUESTION
Calculate the future value of an investment of $15,750, after 9 months, earning 3.8% APR, compounded monthly, by calculating manually. Reminder:
Calculate the future value of an investment of $15,750, after 9 months, earning 3.8% APR, compounded monthly, by calculating manually.
Reminder: Be sure to show your work, and to calculate the period interest before solving.
