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1000(1+0.1/1)^12

 Mar 31, 2017
 #1
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1000(1+0.1/1)^12

 

1,000 x 1.1^12 =

1,000 x 3.138428376721

=$3,138.43

 Mar 31, 2017
 #2
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3138.42838

 Mar 31, 2017

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