Use appendix a for an approximate answer but calculate your


Juan Garza invested $109,000 3 years ago at 16 percent, compounded quarterly. How much has he accumulated? Use Appendix A for an approximate answer but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Future Value =

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Financial Management: Use appendix a for an approximate answer but calculate your
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