Calculate the future value of the single cash flow


Calculate the future value of the single cash flow deposited today at the end of the deposit period if the interest is compounded annually at the rate specified.

Single cash flow: $48,000

Interest Rate: 9%

Deposit period (years): 18

The future value is $__ (round to the nearest cent)

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Financial Management: Calculate the future value of the single cash flow
Reference No:- TGS01156500

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