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TVM
Present Value (PV):
Future Value (FV):
Interest Rate (I%, annual):
Number of Periods (n):
Compounding per Year (C/Y):
Payment (PMT):
Calculate
Amir deposited \(\dollar 4\,500\) in a savings account paying \(3.8\pourcent\) per annum interest, compounded quarterly for 6 years.
Find the future value of the deposit.
7
8
9
4
5
6
1
2
3
C
0
.
dollars (round to the nearest integer)
How much interest did Amir earn?
7
8
9
4
5
6
1
2
3
C
0
.
dollars
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