Use the compound interest formula , where F is the future va…
Questions
Use the cоmpоund interest fоrmulа , where F is the future vаlue when P dollаrs are invested at interest rate r for t years, compounded n times per year. Find the future value for $10,000 compounded monthly at 1.4% interest for 6 years. Do not round until the very end of the problem. Then round to the nearest penny.