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Josh Josh
wrote...
Posts: 305
5 years ago
You decide to deposit $7000 at a local bank for three years at a 4% rate of interest compounded quarterly. The future value of your investment is most nearly equal to ________. (Do not round any intermediary calculations, and round your final answer to the nearest dollar.)
A) $7840
B) $7888
C) $7883
D) $7891
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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