The future value of $1,200 saved each year for 10 years at 7 percent. Note: Round your discount factor to 3 decimal places and final answer to 2 decimal places.

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter1: Understanding Personal Finance
Section1.4: Perform Time Value Of Money Calculations
Problem 3CC
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The future value of $1,200 saved each year for 10 years at 7 percent.
Note: Round your discount factor to 3 decimal places and final answer to 2 decimal places.
Transcribed Image Text:The future value of $1,200 saved each year for 10 years at 7 percent. Note: Round your discount factor to 3 decimal places and final answer to 2 decimal places.
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