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29 May, 08:52

F (t) = 1,200 * (1.05) ^2000

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  1. 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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