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Berger
Mathematics
29 May, 08:52
F (t) = 1,200 * (1.05) ^2000
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Jackson Fowler
29 May, 09:09
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Future value = Present value * (rate of interest per period) ^number of periods
F (t) = 1200 * (1.05) ^2000
= 1200*2.3911*10^42
= 2.8693*10^45
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