Solved: Kellen davis invested 20000 that earns 24 compounded, Mathematics

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Kellen davis invested 20000 that earns 24 compounded

Question: 1. Kellen Davis invested $20,000 that earns 2.4% compounded monthly for four years. Find the future value of Kellen's investment.

2. Jonathan Vergues invested $17,500 that earns 1.2% compounded semiannually for 2 years. What is the future value of the investment after 2 years?

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Mathematics: Kellen davis invested 20000 that earns 24 compounded

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Mathematics: Kellen davis invested 20000 that earns 24 compounded

Reference No:- TGS02418827

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