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What is the future value after four years

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Reference no: EM132653477

Problem 1: What's the future value of $1,500 after 4 years if the appropriate interest rate is 8%, compounded monthly?

a. $1,719.75

b. $2,063.83

C. $2,016.46

d. $2,117.25

e. $2,223.35

Reference no: EM132653477

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