Example:Given an amount needed(future value) of $3300 in 4 years at an – McqOptions

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1.	Example:Given an amount needed(future value) of $3300 in 4 years at an interest rate of 11% compounded anually,Find the present value and the amount of interest earned
A.	1126.19
B.	1237
C.	2863
D.	1892
Answer» B. 1237

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