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BUS MM255-calculate the future value of an investment of $1,000, after 6 months, earning 6% APR

Author:
June 8th, 2024

How do I calculate the future value of an investment of $1,000, after 6 months, earning 6% APR, compounded monthly, by compounding manually? Reminder: I have to show my work, and to calculate the period interest before solving.

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