What is the value of the fund today

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1) what is the future value of 1200, placed in a saving account for four years if the account pays .10, compounded quarterly?

2) your brother who is 6 years old, just received a trust fund that will be worth 25,000 when he is 21 years old. If the fund earns .10 interest compounded annually, what is the value of the fund today?

Reference no: EM13752943

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