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a. What is the future value in 11 years of $1,200 invested in an account with an APR of 7.8
percent, compounded annually? (Do not round intermediate calculations and round your answer
to 2 decimal places, e.g., 32.16.) b. What is the future value in 11 years of $1,200 invested in an
account with an APR of 7.8 percent, compounded semiannually? (Do not round intermediate
calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the future value
in 11 years of $1,200 invested in an account with an APR of 7.8 percent, compounded monthly?
(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
d. What is the future value in 11 years of $1,200 invested in an account with an APR of 7.8
percent, compounded continuously? (Do not round intermediate calculations and round your
answer to 2 decimal places, e.g., 32.16.)

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a. What is the future value in 11 years of $1,200 invested in an acco.pdf

  • 1. a. What is the future value in 11 years of $1,200 invested in an account with an APR of 7.8 percent, compounded annually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the future value in 11 years of $1,200 invested in an account with an APR of 7.8 percent, compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the future value in 11 years of $1,200 invested in an account with an APR of 7.8 percent, compounded monthly? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. What is the future value in 11 years of $1,200 invested in an account with an APR of 7.8 percent, compounded continuously? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)