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What is the future value

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Reference no: EM131173193

Consider a $4,400 deposit earning 9 percent interest per year for 9 years.

  1. What is the future value? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
  2. How much total interest is earned on the original deposit? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
  3. How much is interest earned on interest? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Reference no: EM131173193

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