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Calculate the future value of each of the following investments. Round the answers to the...

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Finance

Calculate the future value of each of the following investments.

Round the answers to the nearest cent

Present Value Nominal Interest Rate Compounding Frequency Number of Compounding Periods

Future Value
1. $21,400 3.25% Annually 12

2. $37,700 2.50% Semi-annually 24

3. $14,000 6.50% Quarterly 36

4. $32,500 2.25% Monthly 48

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