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Yuriy
Questions and answers by visitors named
Yuriy
Answers (1)
FV=P*(1+i/m)^(n*m) 19713.77=P*(1+0.07/4)^(6*4) P = 19713.11 / (1.0175)^(24) P = 19713.11/1.51644278639= $12 299.57≈$13 000