Step 2: Substitute data for calculation.F&=(1 + 0.01)^{240}\\&=1.01^{240}
Step 1: Review the formula of compound interest final value.Step 2: Substitute data for calculation.
\end{align*}
Strategy guide 12-13
Strategy guide 12-13
Strategy guide
12-13
Strategy guide 12-13
Strategy guide 12-13