Problem 6-17 Calculating Future Values [LO1] Fowler Credit Bank is offering...
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Accounting
Problem 6-17 Calculating Future Values [LO1]
| Fowler Credit Bank is offering 7.1 percent compounded daily on its savings accounts. You deposit $5,500 today. |
| How much will you have in the account in 6 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Future value | $ |
| How much will you have in the account in 11 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Future value | $ |
| How much will you have in the account in 18 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
| Future value | $ |
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