1. What is the future value (FV) of $55,000 in twenty-five years, assuming the interest...

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Accounting

1. What is the future value (FV) of $55,000 in twenty-five years, assuming the interest rate is 13% per year?

2. How long will it take $50,000 placed in a savings account at 10% interest to grow into $75,000?

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