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What is the future value of $2,100 in 17 years assuming an interest rate of 8.4 percent compounded semiannually?
What is the future value of $2,100 in 17 years assuming an interest rate of 8.4 percent compounded semiannually?
Question:What is the future value of $2,100 in 17 years assuming an interest rate of 8.4 percentcompounded semiannually? Solution:- FV = PV ( )n*m where Present value = $2100Year = 17I = 8.4%m,...