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L.O.3,5,8 PROBLEM 1-30A Interrelationships among Financial Statements
O'Shea Enterprises started the 2002 accounting period with $30,000 of assets (all cash), $18,000 of liabilit

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Use the compound interest formulas A=P(1+r/n)^nt and A =P^ert to solve. Find the accumulated value of an investment of $17,000 at 12% compounded annually for 18 years.