Given the below data, calculate the future value in each case (Using the formula and also a financialcalculator) Years Present Value S570 $8,922 $61,133 S219,850 Interest Future RateValue 10 18 12 4 15 iv 10...

Calculation of future values in each case i FV PV 1r n Where As PV ...

Given the below data, calculate the future value in each case. (Using the formula and also a

Question:

Given the below data, calculate the future value in each case. (Using the formula and also a financialcalculator)

Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...