carosal0108 carosal0108

21-05-2024
Mathematics

Answered

A company lends $1,300,000 for 2 years at 12%, compounded monthly to another company that manufactures tug
boats. Find (a) the future value and (b) the interest.
Click the icon to view the compound interest table.
(a) Future value = $ (Simplify your answer.)

Answer :

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