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how calculate the compound rate of 4% for 6 years

 Jun 16, 2020
 #1
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so we have (((((410000+4%)+4%)+4%)+4%)+4%)+4%=518780.798

 Jun 16, 2020
 #2
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FV = PV x [1 + R]^N

FV =410,000 x [1.04]^6

FV =$518,780.80

 Jun 16, 2020
 #3
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+1

Guest is right i'm sure of that becuase that is what I got also

jimkey17  Jun 16, 2020

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