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A.You just inherited $6,600 which you are investing at 7 percent interest. How long will...

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Finance

A.You just inherited $6,600 which you are investing at 7 percent interest. How long will you have to wait until your account reaches a value of $11,000?

B.

For each of the following, compute the future value: (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Present Value Years Interest Rate Future Value
$ 2,400 11 13 % $
9,052 7 9
79,355 14 12
186,796 8 6

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