Problem 6-17 Calculating Future Values [LO1] Fowler Credit Bank is offering...
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Problem 6-17 Calculating Future Values [LO1]
Fowler Credit Bank is offering 7.1 percent compounded daily on its savings accounts. You deposit $5,500 today.
How much will you have in the account in 6 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Future value
$
How much will you have in the account in 11 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Future value
$
How much will you have in the account in 18 years? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Future value
$
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