Respuesta :

we have the formula

[tex]FV=PV\left(1+rt\right)[/tex]

where

PV=$23,820

r=6.5%=6.5/100=0.065

n=17 months=17/12 years

substitute in the formula

[tex]\begin{gathered} FV=23,820(1+0.065(\frac{17}{12})) \\ FV=\$26,013.43 \end{gathered}[/tex]

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