Solve by Using Compound Table

question 77

Short Answer

Solve by using compound table. Find future value.
$$\begin{array} { | l | l | l | l | l | } \hline\text { Principal } & \text { Rate } & \text { Time } & \text { \#times Compounded per year } & \text { Future Value } \\\hline \$ 3,000 & 8 \% & \text { 3 years } & \text { Quarterly } & \text { ? } \\\hline\end{array}$$

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Definitions:

Context

The circumstances, conditions, or background that provides the necessary environment for an event or idea to be fully understood and assessed.

Diagnostic Tests

Procedures or assessments used to identify the presence of a disease, condition, or psychological state based on specific criteria or markers.

Positron Emission Tomography

A medical imaging technique that uses radioactive tracers to visualize and measure changes in metabolic processes in the body.

Isotopes

Variants of a particular chemical element which differ in neutron number, and consequently in nucleon number.