Find future worth in five years

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Reference no: EM132162907

Question: The interest rate is 16% per year and there are 48 compounding periods per year. The principal is $50,000. What is the future worth in 5 years? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132162907

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